The markets opened mixed with the Dow rising 9 points to 17,147 while Nasdaq slipped 7 points to 4,418 over concerns that interest rates may rise next year.

On the upside 

Manager Magazin reported that Siemens would make an offer to acquire Dresser-Rand Group (NYSE: DRC).

Select Comfort (Nasdaq: SCSS) reported lower second quarter earnings but the results were better than expected.

United Rentals (NYSE: URI) reported sharply higher second quarter earnings that beat analyst expectations as revenue rose.

On the downside 

Second quarter earnings rose for SanDisk (Nasdaq: SNDK) to top analyst estimates but the memory chip maker forecast current quarter results below expectations.

Mattel (Nasdaq: MAT) disappointed with sharply lower second quarter earnings that fell far short of analyst expectation as sales of its Barbie dolls tumbled.

AutoNation (NYSE: AN) reported higher second quarter earnings but the results missed expectations.

In the broad market, declining issues outpaced advancers by a margin of 5 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 eased a point to 1980. Bitcoin added $3.74 or 0.61% to $616.68.