Upbeat Investor Sentiment Lifts Markets

Upbeat investor sentiment lifted the markets to a higher open with the Dow gaining 44 points to soar above 16,000 for the first time to 16,006. Nasdaq slipped 2 points to 3983.

On the upside

Underwriters exercised the full over-allotment option granted by InterCloud Systems (Nasdaq: ICLD).

The journal Epilepsia will publish a research paper demonstrating the proof of concept of Catalyst Pharmaceutical Partners' (Nasdaq: CPRX) CPP-15 in suppressing infantile spasms.

JinkoSolar Holding (NYSE: JKS) raised its full year outlook as third quarter shipments climbed more than expected.

On the downside

Shares of Real Goods Solar (Nasdaq: RSOL) extended its losses.

Profit taking sank shares of Aruba Networks (Nasdaq: ARUN).

Canaccord downgraded Renewable Energy (Nasdaq: REGI) from a Buy rating to a Hold rating.

In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by nearly 9 to 7 on Nasdaq. The broader S&P 500 held steady at 1798.

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