Rate expectations boost markets

Expectations that the Federal Reserve will maintain interest rates at record low levels lifted the markets during the midday with the Dow soaring 101 points to 17,731. Nasdaq added 8 points to 5,097.

On the upside

Second quarter earnings and revenue more than doubled for Natural Health Trends (Nasdaq: NHTC) and the company announced plans to repurchase up to $15 million in common shares.

Raymond James upgraded YRC Worldwide (Nasdaq: YRCW) from a Market Perform rating to a Strong Buy rating.

Zacks Equity Research identified ITT Educational Services (NYSE: ESI) as a value stock.

On the downside

Vasco Data Security (Nasdaq: VDSI) reported sharply higher second quarter earnings and revenue but the company forecast full year revenue that missed expectations.

Second quarter earnings and revenue fell short of expectations for Starz (Nasdaq: STRZA).

Shares of GrubHub (NYSE: GRUB) continued falling.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 gained 10 points to 2103. Bitcoin slipped $3 to $286.
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