It was a mixed close for the markets with the Dow slipping 30 points to 15,963 while Nasdaq gained 10 points to 4201 after yesterday’s sharp gains.
On the upside
Conversant (Nasdaq: CNVR) reported higher fourth quarter earnings and revenue.
Fourth quarter earnings fell for PHH (NYSE: PHH) but the results were better than expected.
Twitter (NYSE: TWTR) began testing redesigned user profile pages.
On the downside
Shares of Eagle Pharmaceuticals (Nasdaq: EGRX) tumbled on its first trading day.
FireEye (Nasdaq: FEYE) narrowed losses for the fourth quarter but the company forecast current quarter results that fell short of expectations.
Covanta Holding (NYSE: CVA) disappointed with lower fourth quarter earnings that missed analyst estimates.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 4 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 held steady at 1819. Bitcoin fell $37.68 or 6.50% to $542.11.
