A rise in European stocks lifted domestic markets to a higher open with the Dow gaining 54 points to 17,828. Nasdaq rose 6 points to 4,781.
On the upside
Oracle (Nasdaq: ORCL) will pay a premium of approximately $532 million in cash to acquire Opower (NYSE: OPWR).
Shares of Genworth Financial (NYSE: GNW) extended its gains.
Sarepta Therapeutics (Nasdaq: SRPT) stock continued to climb.
On the downside
Shares of Paragon Shipping (Nasdaq: PRGN) continued to fall.
Investors locked in profits on Globus Maritime (Nasdaq: GLBS).
Brocade Communications (Nasdaq: BRCD) lowered its second quarter forecast.
In the broad market, declining issues were on par with advancers on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 gained 5 points to 2,071. Bitcoin fell $7 to $443.