As lawmakers moved closer to a deal to raise the debt ceiling, the markets surged with the Dow rocketing 238 points to 15,041. Nasdaq leaped 72 points to 3750.
On the upside
Shares of MacroGenics (Nasdaq: MGNX) jumped in its market debut.
Antero Resources (NYSE: AR) stock leaped on its first trading day.
Share of Western Refining Logistics (NYSE: WNRL) soared in its initial public offering.
On the downside
Regency Energy Partners (NYSE: RGP) will acquire PVR Partners (NYSE: PVR) in a deal valued at approximately $5.6 billion.
L Brands (NYSE: LTD) will offer $500 million worth of senior notes.
The Federal Trade Commission requested additional information and documents from Community Health Systems (NYSE: CYH) regarding the company’s proposed acquisition of Health Management Associates (NYSE: HMA).
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 1 on the NYSE and by nearly 6 to 1 on Nasdaq. The broader S&P 500 leaped 27 points to 1684.
