The possibility of talks between the United States and North Korea lifted the markets to a higher open with the Dow climbing 91 points to 24,965. Nasdaq gained 36 points to 7366.
On the upside
Baozun (Nasdaq: BZUN) reported sharply higher fourth quarter earnings that topped expectations.
Cien (NYSE: CIEN) reported a smaller than expected loss for the first quarter.
Clearside Biomedical (Nasdaq: CLSD) enrolled the first patient in a Phase 3 clinical trial of suprachoroidal CLS-TA to treat macular edema associated with Retinal Vein Occlusion.
On the downside
Profit taking weighed down shares of Welltower (NYSE: HCN).
YY (Nasdaq: YY) reported higher fourth quarter earnings and revenue but the stock price fell.
Fourth quarter earnings for Target (NYSE: TGT) fell short of expectations.
In the broad market, advancing issues outpaced decliners by a margin of 6 to 5 on both the NYSE and on Nasdaq. The broader S&P 500 climbed 10 points to 2,730. Bitcoin plummeted $562 to $10,994.