Sharply Higher Close On Upbeat Data

A better than expected gain in producer prices sent the markets soaring to a sharply higher close with the Dow surging 108 points to 16,481. Nasdaq climbed 31 points to 4214.

On the upside

Shares of Thompson Creek Metals (NYSE: TC) continued climbing.

Globus Medical (NYSE: GMED) expects higher fourth quarter revenue and reported higher preliminary full year revenue above previous guidance.

Datalink (Nasdaq: DTLK) lifted its fourth quarter earnings and revenue forecast.

On the downside

New trading rules in the European Union weighed down shares of IntercontinentalExchange Group (NYSE: ICE).

Kosmos Energy (NYSE: KOS) revised downward its production forecast for 2014.

CytRx (Nasdaq: CYTR) extended its losses.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 gained 9 points to 1848. Bitcoin rose $19.79 or 2.09% to $944.79.

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