The markets opened higher with the Dow rising 19 points to 12,337 as the Group of 20 Finance Ministers and Central Bank Governors prepared to meet this weekend. Nasdaq added a point to 2833.
On the upside
Brocade Communications (Nasdaq: BRCD) reported lower first quarter earnings but the results topped analyst estimates prompting an upgrade.
Fourth quarter earnings surged for SunPower (Nasdaq: SPWRA) to surpass expectations by a wide margin and the company raised its 2011 outlook.