Movement towards stimulus plan lifts markets

Indications that additional stimulus measures will be enacted in Europe lifted the markets to a higher close with the Dow adding 7 points to 17,817. Nasdaq climbed 41 points to 4,754.

On the upside

XOMA (Nasdaq: XOMA) will present at the 24th Annual Piper Jaffray Healthcare conference on Wednesday, December 3, 2014.

Redbox parent company Outerwall (Nasdaq: OUTR) will increase the rental rate of DVDs, Blu-ray Discs and video games.

Kinder Morgan (NYSE: KMI) will offer $6 billion worth of bonds.

On the downside

Spherix (Nasdaq: GALE) completed the Markman hearing for its patent infringement suits against VTech Telecommunications and Uniden.

Profit taking weighed down share of Approach Resources (Nasdaq: AREX).

The underwriter for Second Sight Medical Products' (Nasdaq: EYES) initial public offering exercised its entire over-allotment option.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 rose 5 points to 2069. Bitcoin climbed $16 to $385.