The markets opened mixed with the Dow slipping 9 points to 22,007 as investors continued to monitor earnings. Nasdaq rose 4 points to 6,366.
On the upside
Tesla (Nasdaq: TSLA) reported a smaller than expected loss for the second quarter as revenue surged and announced that 455,000 customers have preordered the Tesla Model 3.
Fitbit (NYSE: FIT) reported a smaller than expected loss for the second quarter.
Second quarter earnings more than doubled for Stamps.com (Nasdaq: STMP) as revenue climbed.
On the downside
Teva Pharmaceutical (NYSE: TEVA) disappointed with sharply lower second quarter earnings that missed expectations prompting the generic drug maker to cut its full year forecast.
Century Aluminum (Nasdaq: CENX) reported a smaller than expected profit for the second quarter.
Aerohive Networks (NYSE: HIVE) reported a loss for the second quarter.
In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while decliners outpaced advancers by nearly 9 to 8 on Nasdaq. The broader S&P 500 eased a point to 2,476. Bitcoin soared $35 to