The markets closed mixed with the Dow gaining 27 points to 16,016 as investors monitored global economic developments. Nasdaq lost 11 points to 4,476.
On the upside
Netflix (Nasdaq: NFLX) reported strong fourth quarter earnings that surpassed analyst expectations after market close.
Surpass selected Sphere 3D (Nasdaq: ANY) to upgrade two call centers with Sphere 3D’s hybrid cloud solutions.
Credit Agricole upgraded Applied Materials (Nasdaq: AMAT) from an Outperform rating to a Buy rating.
On the downside
Falling crude oil prices weighed down shares of Vanguard Natural Resources (Nasdaq: VNR).
Shares of oilfield services firm C&J Energy Services (NYSE: CJES) tumbled on lower crude oil prices.
Investors locked in profits on Solazyme (Nasdaq: SZYM).
In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 added a point to 1,881. Bitcoin lost $4 to $381.