Market gains extended at midday

The markets extended its gains during the midday with the Dow climbing 73 points to 17,556 as investors welcomed an upbeat factory output report. Nasdaq rose 22 points to 5,006.


On the upside


Shares of KaloBios Pharmaceuticals (Nasdaq: KBIO) surged again after announcing on Friday after market close that the company was liquidating its assets.


Bargain hunters snapped up shares of Flotek Industries (NYSE: FTK).


Bluebird bio (Nasdaq: BLUE) stock extended its gains.

On the downside


Investors locked in profits on Adeptus Health (NYSE: ADPT).


Shares of SunEdison (NYSE: SUNE) subsidiary TerraForm Power (Nasdaq: TERP) plunged along with SunEdison.


McDermott International (NYSE: MDR) stock fell after hosting its 2015 investor and analyst meeting this morning.


In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 climbed 6 points to 2,059. Bitcoin gained $6 to $333.

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