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September 01, 2020 1:32pm
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Higher open ahead of Fed minutes release

The markets opened modestly higher with the Dow rising 20 points to 20,958 ahead of the release of minutes from the Federal Reserve's May meeting. Nasdaq added 4 points to 6,142.


On the upside


The Container Store (NYSE: TCS) reported sharply higher fourth quarter earnings that beat expectations.


Inovio Pharmaceuticals (Nasdaq: INO) reported upbeat preliminary results from a clinical study of its PENNVAX-GP HIV vaccine.


CF Corp (Nasdaq: CFCO) will pay a premium of approximately $1.835 billion in cash to acquire Fidelity & Guaranty Life (NYSE: FGL).


On the downside


Aegean Marine Petroleum Network (NYSE: ANW) disappointed with sharply lower first quarter earnings that missed expectations.


First quarter earnings and revenue fell short for Chico's FAS (NYSE: CHS).

Dycom Industries (NYSE: DY) reported higher third quarter earnings and revenue but forecast current quarter results below expectations.


The broader S&P 500 added a point to 2,399. Bitcoin leaped $134 to $2360.


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Photography by Christophe Tomatis
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