The markets closed modestly higher with the Dow rising 28 points to 18,047 as optimism for a Greek debt deal grew. Nasdaq added 5 points to 4,899.
On the upside
Tile Shop Holdings (Nasdaq: TTS) reported higher fourth quarter earnings and revenue.
SandRidge Energy (Nasdaq: SD) appointed Steve Turk to the position of executive vice presider and chief operating officer.
Sphere 3D (Nasdaq: ANY) expects fourth quarter revenue to exceed previous guidance.
On the downside
VBL Therapeutics (Nasdaq: VBLT) reported disappointing results from Phase 2 studies of VB-201 in treating psoriasis and ulcerative colitis.
Falling gold prices weighed down shares of Harmony Gold (NYSE: HMY).
Moody's Investors Service affirmed its Caa1 rating for MagnaChip (NYSE: MX) with a negative outlook.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE while advancers edged out decliners by 5 to 4 on Nasdaq. The broader S&P 500 added 3 points to 2100. Bitcoin rose $6 to $241.
Greek optimism lifts markets
February 17, 2015 at 17:30 PM EST