Existing home sales fell unexpectedly but the markets opened higher with the Dow rising 24 points to 24,988. Nasdaq gained 24 points to 7258.
On the upside
Advance Auto Parts (NYSE: AAP) reported higher fourth quarter earnings that topped analyst estimates.
Weatherford International (NYSE: WFT) announced a private offering of $600 million of senior notes.
Conduent (NYSE: CNDT) swung to a profit for the fourth quarter.
On the downside
U.S. Silica Holdings (NYSE: SLCA) reported lower than expected earnings for the fourth quarter.
Vonage Holdings (NYSE: VG) fell to a greater than expected loss for the fourth quarter.
Jeld-Wen (NYSE: JELD) fell to a loss for the fourth quarter.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on both he NYSE and on Nasdaq. The broader S&P 500 rose 4 points to 2,720. Bitcoin crashed $827 to $10,623.