The markets opened higher with the Dow rising 5 points to 21,537 ahead of Federal Reserve chair Janet Yellen's second day of testimony before Congress. Nasdaq gained 8 points to 6,269.
On the upside
Target (NYSE: TGT) lifted its second quarter earnings outlook.
Teva Pharmaceutical (NYSE: TEVA) is expected to AstraZeneca (NYSE: AZN) chief executive Pascal Sorio as its new CEO.
Yandex (Nasdaq: YNDX) will merge its Yandex.Taxi ride hailing service in Russia and other Eastern European countries with Uber.
On the downside
Delta Air Lines (NYSE: DAL) reported lower second quarter earnings.
Investors locked in profits on Amicus Therapeutics (Nasdaq: FOLD).
Barclays downgraded Seagate Technology (Nasdaq: STX) from an Equal Weight rating to an Underweight rating.
In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while decliners outpaced advancers by more than 2 to 1 on Nasdaq. The broader S&P 500 added a point to 2,444. Bitcoin rose $11 to $2355.
