Mixed open ahead of earnings

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The markets opened mixed with the Dow rising 23 points to 22,784 as investors await earnings news. Nasdaq gained 22 points to 6,602.


On the upside


United Continental Holdings (NYSE: UAL) reported a 1.7% gain in consolidated capacity in September.


Nutanix's (Nasdaq: NTNX) Enterprise Cloud Platform software has been certified to run Cloudera Enterprise workloads.


American Airlines (Nasdaq: AAL) lifted its total revenue per available seat mile outlook for the third quarter.

 

On the downside


Morgan Stanley downgraded Symantec (Nasdaq: SYMC) from an Overweight rating to an Equal Weight rating.


Axalta Coating System (NYSE: AXTA) lowered its full year earnings and revenue outlook.

 

Shares of Sprint (NYSE: S) fell for the fifth day.


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by more than 9 to 5 on Nasdaq. The broader S&P 500 rose 5 points to 2,549. Bitcoin slipped $5 to $4,797.


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