The markets opened mixed with the Dow rising 11 points to 17,878 while Nasdaq fell 16 points to 5,126 as first time applications for unemployment benefits rose last week.
On the upside
Facebook (Nasdaq: FB) reported higher third quarter earnings and revenue that surpassed analyst expectations.
Expedia (Nasdaq: EXPE) will pay a premium of approximately $3.9 billion in cash and stock to acquire HomeAway (Nasdaq: AWAY).
SolarEdge Technologies (Nasdaq: SEDG) reported sharply higher third quarter earnings and revenue that beat expectations.
On the downside
FireEye (Nasdaq: FEYE) widened losses for the third quarter and cut its full year revenue forecast.
Castlight Health (NYSE: CSLT) reported a loss for the third quarter and forecast current quarter revenue below expectations.
Intersect ENT (Nasdaq: XENT) widened losses for the third quarter more than expected.
In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE by nearly 10 to 9 on Nasdaq. The broader S&P 500 eased a point to 2,100. Bitcoin lost $4 to $389.
