Higher open on strong jobs growth

Strong jobs growth lifted the markets to a higher open with the Dow rising 21 points to 17,906. Nasdaq slipped 3 points to 4,761.

On the upside

Harris will acquire Exelis (NYSE: XLS) in a cash and stock deal valued at approximately $4.75 billion.

Twitter (NYSE: TWTR) impressed with higher fourth quarter earnings and revenue that beat analyst expectations.

Fourth quarter earnings fell for ON Semiconductor (Nasdaq: ONNN) but the results were better than expected.

On the downside

Pandora Media (NYSE: P) reported higher fourth quarter earnings and revenue but the results fell short of expectations prompting a downgrade.

Yelp (NYSE: YELP) swung to a profit for the fourth quarter but user growth slowed prompting a downgrade.

GoPro (Nasdaq: GPRO) reported higher fourth quarter earnings and revenue but the company announced the resignation of chief operating officer Nina Richardson.

In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE and by 3 to 2 on Nasdaq. The broader S&P 500 added 2 points to 2065. Bitcoin rose $4 to $221.
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