A stronger than expected gain in May factory orders lifted the markets to a higher open with the Dow gaining 46 points to 15,021. Nasdaq added 9 points to 3444.
On the upside
Nielsen Holdings (NYSE: NLSN) will replace Sprint Nextel (NYSE: S) in the S&P 500 after market close on Monday, July 8.
Cleantech Solutions (Nasdaq: CLNT) forecast 2013 revenue to range between $60 million to $62 million.
Shares of Zynga (Nasdaq: ZNGA) continued soaring after the online social gaming developer named a new chief executive yesterday.
On the downside
The Securities and Exchange Commission opened an informal inquiry into Linn Energy's (Nasdaq: LINE) proposed acquisition of Berry Petroleum (NYSE: BRY).
Medicare reimbursements to Davita HealthCare Partners (NYSE: DVA) may drop by 9.4% in 2014.
The Food and Drug Administration placed a clinical hold on Achillion Pharmaceuticals' (Nasdaq: ACHN) early stage study of its hepatitis C treatment sovaprevir.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 index rose 5 points to 1620.
