An uptick in pending home sales lifted the markets to a higher open with the Dow rising 10 points to 18,484. Nasdaq climbed 26 points to 5,136.
On the upside
Medigus (Nasdaq: MDGS) received an initial purchase order for the Medigus Ultrasonic Surgical Endostapler system.
Unisys (NYSE: UIS) reversed year ago losses to post a profit for the second quarter.
U.S. Steel (NYSE: X) narrowed second quarter losses more than expected.
On the downside
Akamai Technologies (Nasdaq: AKAM) reported higher second quarter earnings and revenue but the company forecast current quarter results below estimates prompting a downgrade.
Twitter (NYSE: TWTR) reported a loss for the second quarter and forecast current quarter results that fell short of expectations prompting downgrades.
Globus Medical (NYSE: GMED) reported higher second quarter earnings and revenue and announced that will acquire the international operations of Alphatec Holdings for $80 million in cash.
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 slipped 3 points to 2,165. Bitcoin eased to $651.
