Higher open as consumer prices edge up

The markets opened modestly higher with the Dow adding 8 points to 18,124 as consumer prices edged up 0.2% in February. Nasdaq rose 12 points to 5,023.

On the upside

Digital Ally (Nasdaq: DGLY) narrowed losses for the fourth quarter as revenue soared.

Atossa Genetics (Nasdaq: ATOS) launched its FullCYTE Breast Aspirator in the United States.

Vericel (Nasdaq: VCEL) narrowed fourth quarter losses as revenue surged.

On the downside

Sonus Networks (Nasdaq: SONS) slashed its revenue guidance for the first quarter, warned of losses and initiated a cost structure analysis.

Freeport-McMoRan (NYSE: FCX) blamed lower commodity prices for slashing its quarterly dividend from $0.3125 per share to $0.05 per share.

Investors locked in profits on RADA Electronic Industries (Nasdaq: RADA).

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 added a point to 2105. Bitcoin fell $17 to $248.
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