Apple's impressive results lifted the markets to a higher open with the Dow gaining 40 points to 22,004. Nasdaq edged up to 6,363.
On the upside
Apple (Nasdaq: AAPL) impressed with higher third quarter earnings and revenue that beat analyst expectations.
PharMerica (NYSE: PMC) will be acquired by KKR in an all cash deal valued at approximately $1.4 billion including the assumption of debt.
Spirit AeroSystems (NYSE: SPR) and Boeing (NYSE: BA) reached a tentative pricing agreement.
On the downside
AMC Entertainment (NYSE: AMC) warned of a greater than expected loss for the second quarter.
Flotek Industries (NYSE: FTK) widened losses for the second quarter.
MACOM Technology Solutions (Nasdaq: MTSI) fell to a loss for the third quarter.
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 rose 4 points to 2,480. Bitcoin dropped $17 to $2620.
