Higher Open Ahead Of Fed Meeting

The market opened higher with the Dow climbing 73 points to 15,253 as the Federal Reserve's two-day policy-setting meeting begins today. Nasdaq gained 15 points to 3467.

On the upside

Cytokinetics (Nasdaq: CYTK) will present results from a Phase IIb clinical trial of omecamtiv mecarbil during a Hot Line Late Breaking Trials Session at the European Society of Cardiology Congress 2013. Cytokinetics will also join the Russell Global Index on June 28, 2013.

Gevo (Nasdaq: GEVO) resumed commercial production of isobutanol at its facility in Minnesota.

Bargain hunters snapped up shares of Walter Energy (NYSE: WLT).

On the downside

Ship Finance International (NYSE: SFL) priced its public offering of 8 million common shares but did not disclose the price.

New Mountain Finance (NYSE: NMFC) priced its primary offering of 2 million common shares and secondary offering of 4 million common shares at the discounted price of $14.55.

Motley Fool expects MannKind's (Nasdaq: MNKD) stock price to retreat.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 index rose 5 points to 1644.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here