Upbeat earnings lifted the markets to a higher open with the Dow gaining 21 points to 23,369. Nasdaq rose 15 points to 6,713.
On the upside
Second quarter earnings surged for Sony (NYSE: SNE) prompting the company to lift its full year forecast.
Exact Sciences (Nasdaq: EXAS) narrowed third quarter losses more than expected as revenue soared prompting the company to lift its full year revenue guidance.
Third quarter earnings surged for The Mosaic Company (NYSE: MOS).
On the downside
Under Armour (NYSE: UA) disappointed with lower third quarter earnings and revenue and slashed its full year forecast.
Apple (Nasdaq: AAPL) may abandon Qualcomm (Nasdaq: QCOM) chips.
Omega Healthcare (NYSE: OHI) fell to a loss for the third quarter.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 added 3 points to 2,575. Bitcoin leaped $196 to $6,273.