Bargain hunters lifted the markets higher during the midday with the Dow rising 54 points to 17,717. Nasdaq added 5 point to 4,865.

On the upside

CNBC reported that Chapman Capital chief executive Robert Chapman took a long position in Lumber Liquidators (NYSE: LL).

Venture Beat reported that Apple (Nasdaq: AAPL) will use Intel's (NYSE: INTC) 7360 LTE modem in iPhones for the Asian and Latin America markets.

Mylan (Nasdaq: MYL) launched generic versions of Antabuse and Subutex Sulingual Tablets and introduced three additional dosage strengths for its Fentanyl Transdermal System.

On the downside

Sunoco Logistics (NYSE: SXL) priced its public offering of 13.5 million common units at the discounted price of $41.76 per unit.

A suspected case of bird flu in Arkansas sent shares of Tyson Foods (NYSE: TSN) tumbling.

Wells Fargo downgraded EMC (NYSE: EMC) from an Outperform rating to a Market Perform rating.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 4 on both the NYSE and on Nasdaq. The broader S&P 500 added 3 points to 2047. Bitcoin added $1 to $292.