Mixed markets over earnings

The markets traded mixed during the midday with Dow gaining 86 points to 18,063 while Nasdaq lost 10 points to 4,977 as investors monitored corporate earnings.

On the upside

Financial Times reported that 58.com (NYSE: WUBA) and Ganji.com were exploring a possible merger.

Mad Money's Jim Cramer expects Ziopharm Oncology (Nasdaq: ZIOP) to rebound.

BioLife Solutions (Nasdaq: BLFS) reported higher preliminary first quarter revenue prompting Zacks Small Cap Research to affirm its Buy rating on the company.

On the downside

Pep Boys-Manny Moe & Jack (NYSE: PBY) widened fourth quarter losses more than expected.

J.C. Penney (NYSE: JCP) accidentally released first quarter same store sales estimates.

Zillow Group (Nasdaq: Z) warned that 2015 earnings and revenue would fall short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 added 4 points to 2096. Bitcoin slipped $2 to $218.