An acceleration of manufacturing activity in January lifted the markets to a modestly higher close with the Dow gaining 26 points to 19,890. Nasdaq climbed 27 points to 5,642.
On the upside
Shares of Pulmatrix (Nasdaq: PULM) surged on no news.
Bargain hunters lifted shares of EnteroMedics (Nasdaq: ETRM).
xG Technology (Nasdaq: XGTI) business unit Integrated Microwave Technologies launched its DragonFly ultra-miniature wireless video system.
On the downside
Real Goods Solar (Nasdaq: RGSE) priced its public offering of common stock and warrants at the discounted price of $3.10 per unit.
Tokyo Electric Power terminated its uranium supply contract with Cameco (NYSE: CCJ).
Morgan Stanley initiated coverage of Seaspan (NYSE: SSW) with an Underweight rating and a price target of $4.50.
In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on both the NYSE and on Nasdaq. The broader S&P 500 index held steady at 2,279. Bitcoin climbed $12 to $968.
