The markets opened higher as orders for big-ticket items fell less than expected in April. The Dow added 32points to
12,580 while Nasdaq rose 6 points to 2487.
On the upside.
Daktronics (Nasdaq: DAKT) posted earnings that beat estimates citing a large backlog in LED products.
On the downside
In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 3 on the NYSE and by more than 4 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks edged up 2 points to 736.
