The markets opened sharply higher with the Dow soaring 130 points to 21,927 as Hurricane Irma became downgraded to a tropical storm. Nasdaq climbed 51 points to 6,411.
On the upside
Teva Pharmaceutical (NYSE: TEVA) named Kare Schultz to the position of chief executive officer.
The Guatemalan Supreme Court reinstated the Escobar mining license of Tahoe Resources' (NYSE: TAHO) subsidiary Minera San Rafael.
Bargain hunters lifted shares of XL Group (NYSE: XL).
On the downside
Alamos Gold (NYSE: AGI) will acquire Richmont Mines (NYSE: RIC) in an all stock transaction.
Shares of Equifax (NYSE: EFX) extended its losses.
Investors locked in profits on Louisiana-Pacific (NYSE: LPX).
In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 climbed 13 points to 2,474. Bitcoin edged up $1 to $4,240.
