The markets opened higher with the Dow climbing 88 points to 25,050 on strong earnings. Nasdaq gained 51 points to 7261.
On the upside
The Trade Desk (Nasdaq: TTD) reported higher fourth quarter earnings and revenue.
Blue Buffalo Pet Products (Nasdaq: BUFF) will be acquired by General Mills (NYSE: GIS) for approximately $8 billion.
Planet Fitness (NYSE: PLNT) reported a smaller than expected loss for the fourth quarter.
On the downside
Fourth quarter earnings for Universal Display (Nasdaq: OLED) fell short of expectations.
Exact Sciences (Nasdaq: EXAS) reported a loss for the fourth quarter.
BRF (NYSE: BRFS) fell to a loss for the fourth quarter.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 gained 12 points to 2,715. Bitcoin surged $383 to $10,341.
