Consumer prices rose 0.3% in September to lift the markets to a higher open with the Dow climbing 62 points to 18,148. Nasdaq gained 43 points to 5,243.
On the upside
Shares of Ocean Power Technologies (Nasdaq: OPTT) extended its gains.
ContraVir Pharmaceuticals (Nasdaq: CTRV) stock continued to rise.
Spherix (Nasdaq: SPEX) filed ten new patent infringement lawsuits.
On the downside
International Business Machines (NYSE: IBM) reported lower third quarter earnings and revenue.
Amaya (Nasdaq: AYA) ended merger discussions with William Hill.
Oasis Petroleum (NYSE: OAS) priced its upsized public offering of 48 million common shares at the discounted price of $10.80 per share.
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 2 on Nasdaq. The broader S&P 500 gained 10 points to 2,136. Bitcoin edged up to $637.
