The market traded higher during the midday with the Dow climbing 96 points to 17,097 as the S&P 500 topped 2000 for the first time this morning. Nasdaq rose 21 points to 4560.

On the upside

The Patent Trial and Appeal Board upheld the validity of a Netlist (Nasdaq: NLST) patent.

Advaxis (Nasdaq: ADXS) entered a collaboration agreement with Merck.

Shares of Autohome (NYSE: ATHM) continued rising.

On the downside

GrubHub (NYSE: GRUB) will sell 10 million common shares through a public offering.

Profit taking weighed down shares of TrueCar (Nasdaq: TRUE).

Investors locked in profits on Parkervision (Nasdaq: PRKR).

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 climbed 11 points to 1999. Bitcoin lost $6 to $501.