Mixed open over concerns of oil glut

The markets opened mixed with the Dow slipping 28 points to 17,822 while Nasdaq rose 11 points to 5,183 as concerns of an oil glut tempered enthusiasm for jobless claims dropping to its lowest level in over 41 years.

On the upside

Inotek Pharmaceuticals (Nasdaq: ITEK) announced the Phase 3 development strategy for its glaucoma drug trabodenoson.

SanDisk (Nasdaq: SNDK) reported lower second quarter earnings and revenue but the results surpassed expectations.

Flotek Industries (NYSE: FTK) fell to a loss for the second quarter as revenue dropped but the results were better than expected.

On the downside

Second quarter funds from operations rose for LaSalle Hotel Properties (NYSE: LHO) but revenue missed estimates.

Del Frisco's Restaurant Group (Nasdaq: DFRG) reported lower second quarter earnings as revenue fell short of expectations.

Shares of Peabody Energy (NYSE: BTU) fell after JP Morgan downgraded the company yesterday.

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 eased a fraction to 2113. Bitcoin added $1 to $275.