Higher close as housing starts surge

A surge in single family housing starts lifted the markets to a higher close with the Dow gaining 40 points to 18,202. Nasdaq rose 2 points to 5,246.


On the upside


Shares of Ritter Pharmaceuticals (Nasdaq: RTTR) continued climbing.


Bargain hunters lifted shares of Conns (Nasdaq: CONN).


iPass (Nasdaq: IPAS) will release third quarter financials on November 3 after market close.


On the downside


Puma Biotechnology (NYSE: PBYI) will sell $150 million worth of stock through a secondary offering.


Imperva (NYSE: IMPV) has halted its efforts to find a suitor.


First quarter revenue for Cree (Nasdaq: CREE) fell short of expectations and the light emitting diode maker forecast current quarter revenue below estimates.


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 gained 4 points to 2,144. Bitcoin fell $5 to $627.

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