On the upside
US Airways Group (NYSE: LCC) reported higher September revenue passenger miles and capacity.
Record low mortgage rates along with rising median home prices lifted shares of homebuilders Beazer Homes (NYSE: BZH), Hovnanian Enterprises (NYSE: HOV), Lennar (NYSE: LEN) and KB Home (NYSE: KBH).
On the downside
Hewlett-Packard (NYSE: HPQ) forecast fiscal 2013 results that fell far short of analyst expectations and warned of continued challenges.
Citigroup downgraded Leap Wireless (Nasdaq: LEAP) to a Neutral rating.
Wedbush Securities downgraded Amarin (Nasdaq: AMRN) to a Neutral rating from Outperform.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks rose 3 points to 843.