Dow Closes At Another Record High

Upbeat economic news lifted the markets to a higher close with the Dow gaining 24 points to close at a record 16,097. Nasdaq climbed 27 points to 4044.

On the upside

A Seeking Alpha contributor wrote that Aetrium (Nasdaq: ATRM) was undervalued and that the stock price should range between $15-$20.

Bargain hunters lifted shares of Oxygen Biotherapeutics (Nasdaq: OXBT).

Frontline (NYSE: FRO) narrowed losses for the third quarter.

On the downside

TiVo (Nasdaq: TIVO) reported sharply lower third quarter earnings. (NYSE: WUBA) disappointed with third quarter earnings that fell short of analyst expectations.

Acasti Pharma (Nasdaq: ACST) priced its public offering of 16 million common units at the discounted price of $1.25 per unit.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 rose 4 points to 1807. Bitcoin climbed $70.09 or 7.33% to $1,026.09.

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