The markets opened higher with the Dow gaining 35 points to 18,163 on bargain hunting. Nasdaq added 4 points to 5,251.
On the upside
Barracuda Networks (NYSE: CUDA) reported higher second quarter earnings and revenue that topped analyst estimates.
Bargain hunters lifted shares of Real Goods Solar (Nasdaq: RGSE).
HTG Molecular Diagnostics (Nasdaq: HTGM) entered a master companion diagnostics agreement with Merck KGaA.
On the downside
Ericsson (Nasdaq: ERIC) warned that third quarter earnings would fall far short of expectations.
Fortinet (Nasdaq: FTNT) cut its third quarter revenue and earnings outlook.
Investors locked in profits on Biostar Pharmaceuticals (Nasdaq: BSPM).
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 rose 3 points to 2,139. Bitcoin eased a fraction to $636.
