The markets opened higher with the Dow gaining 62 points to 21,815 as investors snapped up bargains. Nasdaq rose 19 points to 6,394.
On the upside
Sarepta Therapeutics (Nasdaq: SRPT) reported positive results from a Phase 1/2 study of golodirsen to treat patients with Duchenne muscular dystrophy.
Micro Focus International's (NYSE: MFGP) newly acquired Hewlett Packard Enterprise unit reported a smaller than expected drop in third quarter revenue.
HD Supply Holdings (Nasdaq: HDS) reported sharply higher second quarter earnings as revenue rose.
On the downside
Trivago (Nasdaq: TRVG) cut its forecast for the third quarter as well as the full year.
Dave & Buster's Entertainment (Nasdaq: PLAY) reported second quarter revenue that fell short of expectations prompting the company to lower its full year forecast.
Newell Brands (NYSE: NWL) lowered its full year earnings outlook due to a disruption to its supply chain caused by Hurricane Harvey.
The broader S&P 500 rose 6 points to 2,463. Bitcoin soared $166 to $4,550.