Markets surge again

The markets surged again with the Dow soaring 142 points to 18,731 over optimism that a Trump presidency would lead to less regulations. Nasdaq gained 23 points to 5,274.


On the upside


TubeMogul (Nasdaq: TUBE) will be acquired by Adobe for a premium of approximately $540 million.


Taser International (Nasdaq: TASR) reported higher third quarter earnings and revenue that beat analyst expectations.


Kohl's (NYSE: KSS) reported better than expected earnings and revenue for the third quarter.


On the downside


Avid Technology (Nasdaq: AVID) reported lower third quarter earnings and revenue.


Anthera Pharmaceuticals (Nasdaq: ANTH) reported disappointing results from a Phase 3 study of blisibimod to treat systemic lupus erythematosus.


Falling gold prices weighed down shares of Barrick Gold (NYSE: ABX).


In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 climbed 12 points to 2,175. Bitcoin lost $3 to $710.

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