The markets closed modestly higher with the Dow rising 14 points to 17,230 despite a drop in crude oil prices as investors focused on merger and acquisition activity. Nasdaq gained 18 points to 4,905.
On the upside
Dehaier Medical Systems (Nasdaq: DHRM) will distribute its C-arm X-Ray machine and defibrillator monitor to Dongshen Hospital of Ordos, Inner Mongolia.
Adaptimmune Therapeutics (Nasdaq: ADAP) chief operating officer Helen Tayton-Martin will present at the 2015 BIO Investor Forum tomorrow, October 20.
Shares of Turtle Beach (Nasdaq: HEAR) continued climbing.
On the downside
A group of Arch Coal (NYSE: ACI) lenders succeeded in blocking a debt-swap deal.
Falling crude oil prices weighed down shares of Baytex Energy (NYSE: BTE).
JP Morgan downgraded Carpenter Technology (NYSE: CRS) from an Overweight rating to a Neutral rating.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 held steady at 2,033. Bitcoin added $2 to $262.
