Markets higher at midday

The markets traded higher during the midday with the Dow climbing 109 points to 17,842. Nasdaq gained 35 points to 5,109.

On the upside

Bargain hunters continued to snap up shares of Macrocure (Nasdaq: MCUR).

Hibbett Sports (Nasdaq: HIBB) reported higher third quarter earnings that beat expectations.

Tiger Global Management increased its stake in Vipshop Holdings (NYSE: VIPS).

On the downside

Shares of Navios Maritime (NYSE: NM) fell ahead of its earnings release before market open on Monday, November 23.

Keysight Technologies (NYSE: KEYS) reported higher fourth quarter earnings but the company forecast current quarter results below expectations.

Profit taking continued to sink shares of PTC Therapeutics (Nasdaq: PTCT).

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 gained 11 points to 2,092. Bitcoin fell $3 to $320.

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