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Higher open on upbeat earnings

The markets opened higher with the Dow rising 26 points to 23,574 on upbeat earnings. Nasdaq eased a point to 6,785.


On the upside


Valeant Pharmaceuticals (NYSE: VRX) swung to a profit for the third quarter.


U.S. Silica (NYSE: SLCA) reversed year ago losses to post a better than expected profit for the third quarter.


Autohome (NYSE: ATHM) reported higher third quarter earnings and revenue and the company declared a special cash dividend.

On the downside


TripAdvisor (Nasdaq: TRIP) reported sharply lower third quarter earnings.


Third quarter earnings and revenue for Extended Stay (NYSE: STAY) fell short of expectations.


SINA (Nasdaq: SINA) disappointed with sharply lower third quarter earnings.


In the broad market, advancing issues outpaced decliners by a margin of 5 to 4 the NYSE while decliners edged out advancers by 6 to 5 on Nasdaq. The broader S&P 500 added a point to 2,592. Bitcoin climbed $41 to $7,025.


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