The markets traded modestly higher with the Dow rising 19 points to 17,923 as investors await the Federal Reserve's statement. Nasdaq added 4 points to 5,060.
On the upside
Noranda Aluminum Holding (NYSE: NOR) secured $15 million in financing to complete its state-of-the-art redraw rod mill.
Shares of Nivalis Therapeutics (Nasdaq: NVLS) soared on its first trading day.
Hill-Rom Holdings (NYSE: HRC) will acquire Welch Allyn for approximately $2.05 billion in cash and stock.
On the downside
Davids Tea (Nasdaq: DTEA) fell to a loss for the first quarter.
Investors locked in profits on Juno Therapeutics (Nasdaq: JUNO).
Profit taking weighed down shares of Align Technology (Nasdaq: ALGN).
In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while advancers outpaced decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 held steady at 2096. Bitcoin added $3 to $249.
Markets higher ahead of Fed statement
June 17, 2015 at 12:55 PM EDT
