The markets traded higher during the midday with the Dow rising 19 points to 22,112. Nasdaq climbed 28 points to 6,380.
General Motors must recall 790,000 vehicles to fix a problem with the power steering. Certain model year 2014 Chevrolet Silverados and GMC Sierra pickup trucks can suddenly lose power steering when the vehicle uses a lot of electrical power. The recall includes vehicles in the United States and Canada.
Netflix has acquired comic book publisher Millarworld that was founded by former Marvel creator Mark Millar. Millarworld owns properties such as Kingsman, Kick-Ass and Wanted. As a part of Netflix, Millar will create movies, TV shows, children's programs and other content that are based on the Millarworld properties.
Little Caesars introduced its Pizza Portal heated, self-service mobile order pick-up station in various locations throughout Tucson, Arizona. Customers use the Little Caesars mobile app to order and pay for their order. When the order is ready, customers will be notified through the app.
In the broad market, declining issues outpaced advancers by a margin of nearly 9 to 8 on the NYSE while advancers edged out decliners by more than 9 to 8 on Nasdaq. The broader S&P 500 added 2 points to 2,479. Bitcoin climbed $34 to $2939.
