Upbeat economic data lifted the markets to a higher close with the Dow gaining 60 points to 17,039. Nasdaq added 5 points to 4532.

On the upside

Bon-Ton Stores (Nasdaq: BONT) narrowed losses for the second quarter as revenue rose.

TrueCar (Nasdaq: TRUE) introduced a new platform that offers targeted incentives to insurance customers.

The Children's Place (Nasdaq: PLCE) narrowed second quarter losses more than expected and partnered with Arvind Lifestyle Brand to open stores in India.

On the downside

Shares of Autohome (NYSE: ATHM) continued falling after ICBCI analyst said yesterday that the stock was overvalued.

Kirkland (NYSE: KIRK) widened second quarter losses.

Cyberonics (Nasdaq: CYBX) reported higher first quarter earnings and revenue but the results fell short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 rose 5 points to 1992. Bitcoin rose $12 to $519.