The markets opened mixed with the Dow dropping 81 points to 18,038 as consumer prices rose in June. Nasdaq gained 25 points to 5,188.
On the upside
Hertz Global (NYSE: HTZ) completed the financial restatements for 2012 and 2013 and select unaudited restated financial information for 2011.
Google (Nasdaq: GOOG) reported higher second quarter earnings and revenue that topped analyst estimates.
InterCloud Systems (Nasdaq: ICLD) received over $2.3 million in next generation WiFi and DAS networks contracts.
On the downside
SolarWinds (NYSE: SWI) reported higher second quarter earnings but revenue fell short of expectations prompting a downgrade.
Trovagene (Nasdaq: TROV) priced its public offering of 4 million common shares at the discounted price of $8.75 per share.
Retreating crude oil prices weighed down shares of Vaalco Energy (NYSE: EGY).
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 lost 3 points to 2120. Bitcoin slipped $1 to $276.
Mixed open as consumer prices rise
July 17, 2015 at 10:44 AM EDT