Bank of America (NYSE: BAC) swung to a profit as litigation expenses dropped but low interest rates continued to impact earnings.
Starwood Property Trust (NYSE: STWD) priced its public offering of 12 million common shares at an undisclosed price.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 gained 10 points to 2106. Bitcoin added $5 to $220.