The markets opened modestly higher following a flat retail sales report and a drop in jobless claims. The Dow added 20 points to 12,547 while Nasdaq surged 24 points to 2346.
On the upside
In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on both the NYSE and Nasdaq. The Russell 2000 which tracks small cap stocks rose a fraction to 699.