Despite an unexpected drop in consumer sentiment, the markets closed higher with the Dow gaining 53 points to 13,649 on upbeat earnings. Nasdaq eased a point to 3134. On the upside
Shares of CyrusOne (Nasdaq: CONE) soared on its first trading day. As part of its renovating and redesigning plan, Office Depot (NYSE: ODP) will open a smaller version of its retail store at North Hills in Raleigh, North Carolina. State Street (NYSE: STT) reported higher fourth quarter earnings as revenue rose. On the downside Cincinnati Bell (NYSE: CBB) successfully spun-off its CyrusOne unit as an independently traded company.Wipro (NYSE: WIT) reported higher third quarter earnings and revenue but the stock price fell. Analysts expect Amgen (Nasdaq: AMGN) to post higher earnings next week but the stock price dropped. In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 index rose 5 points to 1485.