The markets traded higher during the midday with the Dow gaining 61 points to 16,668 as durable goods orders unexpectedly rose last month. Nasdaq gained 37 points to 4,223.
On the upside
Aeropostale (NYSE: ARO) completed a $150 million credit facility from Sycamore Partners.
Kingdom Holding's investment in JD.com (Nasdaq: JD) surged 130% on the first trading day.
Jeffries said that Biocryst's (Nasdaq: BCRX) upbeat trial results for its BCX4161 hereditary angioedema treatment bode will for Dyax's (Nasdaq: DYAX) CX-2930.
On the downside
Profit taking sank shares of LiveDeal (Nasdaq: LIVE).
Lake Street initiated coverage of Himax (Nasdaq: HIMX) with a Hold rating.
Richard C. Campbell retired from Silver Standard Resources' (Nasdaq: SSRI) board of directors and will be replaced by Beverlee F. Park.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 gained 9 points to 1909. Bitcoin eased $1.20 or 0.21% to $576.32.
