The markets opened lower with the Dow losing 35 points to 25,165 as import and export prices rose. Nasdaq fell 20 points to 7236.
On the upside
MuleSoft (NYSE: MULE) reported sharply higher fourth quarter earnings and forecast full year results ahead of estimates.
Wendy's (Nasdaq: WEN) lifted its quarterly dividend to 8.5 cents per share payable on March 15 to shareholders of record March 1 and announced a stock repurchase plan of $175 million.
Synchronoss Technologies (Nasdaq: SNCR) has closed the sale of $185 million in preferred stock.
On the downside
Arista Networks (NYSE: ANET) reported higher fourth quarter earnings and revenue but the stock price fell.
VF Corp. (NYSE: VFC) fell to a loss for the fourth quarter.
Cogenex (Nasdaq: CGNX) fell to a loss for the fourth quarter.
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 lost 4 points to 2,727. Bitcoin lost $56 to $10,043.