The markets opened mixed with the Dow adding 2 points to 18,171 as U.S. crude inventories fell but concerns remained that OPEC would fail to cut output. Nasdaq lost 19 points to 5,263.
On the upside
Akamai Technologies (Nasdaq: AKAM) reported better than expected earnings and revenue for the third quarter.
Juniper Networks (NYSE: JNPR) reported preliminary third quarter results that topped analyst estimates.
Logitech International (Nasdaq: LOGI) impressed with higher second quarter earnings and record revenue.
On the downside
Edwards Lifesciences (NYSE: EW) disappointed with third quarter revenue that fell short of expectations.
Southwest Airlines (NYSE: LUV) reported lower third quarter revenue that missed estimates.
Exact Sciences (Nasdaq: EXAS) reported a loss for the third quarter.
In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 7 to 5 Nasdaq. The broader S&P 500 lost 3 points 2,139. Bitcoin soared $11 to $668.
