The markets opened mixed as investors mulled over the latest corporate earnings news while keeping an eye on higher oil prices. The major indexes were higher with the Dow adding 36 points to 13,023 and Nasdaq jumping 13 points to 2542.
On the upside
Lowe's Cos.(NYSE: LOW) posted a decline in profits and a slight dip in revenues. The 2nd largest home improvement retailer in the U.S. also issued a lower outlook for the year.
On the downside