Markets advance on strong gain in consumer confidence

A strong increase in consumer confidence lifted the markets higher during the midday with the Dow rising 18 points to 16,955. Nasdaq climbed 28 points to 4,397.

On the upside

Japan regulators approved NeuroMetrix's (Nasdaq: NURO) NC-stat DPNCheck wearable device to detect diabetic peripheral neuropathy.

Shares of Xunlei (Nasdaq: XNET) surged in its market debut.

Groupon (Nasdaq: GRPN) stock continued climbing after Piper Jaffray wrote yesterday that the company's website deals were increasing.

On the downside

Antares Pharma (Nasdaq: ATRS) president and chief executive officer Paul K. Wotton, Ph.D. resigned.

Profit taking weighed down shares of Atlantic Power (NYSE: AT).

Shares of Broadcom (Nasdaq: BRCM) continued falling after negative comments from Cowen & Co. yesterday.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 added 3 points to 1966. Bitcoin eased $1.07 or 0.18% to $584.40.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.