The markets traded higher during the midday with the Dow climbing 70 points to 24,094. Nasdaq rose 4 points to 7011.
Amazon announced new family focused features and parental controls for its Alexa devices. Parents can use FreeTime for Alexa to read stories to their children, answer questions using age-appropriate language and context, and reinforce good manners by thanking children for using the words "please" and "thank you." Limits can also be set to block explicit songs and to control use of Alexa after bedtime.
The Federal Trade Commission has accused LendingClub of deceiving customers with hidden fees. The marketplace loan platform allegedly double-charged customers and charged customers who had paid their loans in full. Borrowers were also promised no hidden fees but LendingClub deducted up to thousands of dollars of hidden up-front costs from loans.
Google has updated Gmail with new security features that includes a Confidential Mode. Email that has been sent in Confidential Mode require recipients to enter a passcode that has been texted to their phone before the message can be read. An expiration date can also be set so that messages disappear.
In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 3 on the NYSE and by 6 to 5 on Nasdaq. The broader S&P 500 rose 4 points to 2,639. Bitcoin crashed $485 to $8,983.