Strong consumer spending lifts markets

Stronger than expected May consumer spending lifted the markets during the midday with the Dow rising 34 points to 18,000. Nasdaq gained 14 points to 5,136.

On the upside

Shares of Glaukos (NYSE: GKOS) surged on its first trading day.

The Supreme Court's ruling that government healthcare subsidies can continue lifted shares of HCA (NYSE: HCA) and Tenet Healthcare (NYSE: THC).

Shares of Catabasis Pharmaceuticals (Nasdaq: CATB) rose in its market debut.

On the downside

Profit taking weighed down shares of Celator Pharmaceuticals (Nasdaq: CPXX).

Shares of Vale (NYSE: VALE) extended its losses.

Petrobras (NYSE: PBR) will ask a New York judge to dismiss investor lawsuits.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE while advancers edged out decliners by nearly 5 to 4 on Nasdaq. The broader S&P 500 rose 5 points to 2114. Bitcoin added $2 to $242.
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