Higher close on upbeat data

Rising new home sales along with strong earnings lifted the markets to a higher close with the Dow soaring 127 points to 16,805. Nasdaq climbed 30 points to 4,483.

On the upside

Regulus Therapeutics (Nasdaq: RGLS) extended its gains.

Merit Medical Systems (Nasdaq: MMSI) reported higher third quarter earnings that beat analyst expectations.

Spectranetics (Nasdaq: SPNC) fell to a loss for the third quarter but the results were better than expected.

On the downside

Third quarter earnings tumbled for Hub Group (Nasdaq: HUBG) to fall short of expectations.

Lakeland Industries (Nasdaq: LAKE) announced a private placement of common stock at the discounted price of $10 per share in order to raise approximately $11.2 million.

Oppenheimer initiated coverage of GoPro (Nasdaq: GPRO) with a Sell rating and set a price target of $45.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by a 9 to 7 on Nasdaq. The broader S&P 500 climbed 13 points to 1964. Bitcoin slipped $1 to $354.
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