Higher Markets As Consumer Sentiment Rises

The markets traded higher during the midday with the Dow rising 18 points to 16,091 as consumer sentiment climbed more than expected to 75.1 in November. Nasdaq gained 21 points to 4039.

On the upside

Bargain hunters lifted shares of Zalicus (Nasdaq: ZLCS).

Optimism for strong Black Friday sales lifted shares of J.C. Penney (NYSE: JCP).

Shares of BioScrip (Nasdaq: BIOS) soared after rival Apria Healthcare sold its Coram unit to CVS (NYSE: CVS).

On the downside

Camtek (Nasdaq: CAMT) clarified that it was in the process of developing a 3D printer.

Tilly's (NYSE: TLYS) reported lower third quarter earnings and revenue and forecast current quarter earnings that fell far short of expectations prompting downgrades.

Investors locked in profits on Voxeljet (NYSE: VJET).

In the broad market, advancing issues outpaced decliners by a margin of 9 to 7 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 added 3 points to 1806. Bitcoin climbed $41.47 or 4.34% to $997.47.

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