Rising crude oil prices lifted the markets to a higher open with Dow climbing 82 points to 18,118. Nasdaq gained 18 points to 4,995.

On the upside

Celsion (Nasdaq: CLSN) reported positive interim data from a Phase 2 DIGNITY Trial of ThermoDox to treat recurrent chest wall breast cancer.

Smith & Wesson (Nasdaq: SWHC) raised its outlook for the fourth quarter and full year.

Shares of AirMedia (Nasdaq: AMCN) climbed for the seventh straight day.

On the downside

Investors locked in profits on 58.com (NYSE: WUBA).

Nokia (NYSE: NOK) will buy Alcatel-Lucent (NYSE: ALU) in an all stock deal valued at approximately $16.6 billion but Alcatel-Lucent shareholders were disappointed that no cash would be part of the transaction.

Profit taking weighed down shares of Northstar Asset Management (NYSE: NSAM).

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 gained 11 points to 2107. Bitcoin added $6 to $220.