The markets traded higher during the midday with the Dow climbing 95 points to 18,263. Nasdaq gained 29 points to 5,319.
Amazon introduced its Prime Reading feature for Amazon Prime members in the U.S. Prime Reading offers a selection of Kindle books, magazines and comics for its members at no additional cost. Members can read the selections with a Kindle e-reader, a Fire tablet or through a Kindle app on Android and iOS devices.
Facebook completed the roll out of its Secret Conversations feature in its Messenger app. End-to-end encryption ensures that only the two users who are engaged in the conversation can see the messages. Users can also select an option that will delete messages after five seconds or up to a day. Secret Conversations requires the latest version of the Android and iOS Messenger app.
While hearing an insider trading case, U.S. Supreme Court justices indicated that they may rule in favor of easing the pursuit of insider trading charges. Several justices appeared to criticize arguments that prosecutors must prove that an individual received a tangible benefit in order to be charged with insider trading.
In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 climbed 11 points to 2,161. Bitcoin rose $4 to $610.
