The last minute passage of a fiscal cliff deal boosted the markets during the midday with the Dow leaping 226 points to 13,330. Nasdaq surged 67 points to 3087. On the upside
Synergy Pharmaceuticals (Nasdaq: SGYP) reported upbeat results from a late stage clinical trial of its chronic constipation treatment plecanatide. Seeking Alpha recommended acquiring shares of Turquoise Hill Resources (NYSE: TRQ) on Monday. LDK Solar (NYSE: LDK) announced the sale of LDK Anhui to Shanghai Qianjiang Group. On the downside Shares of Mindray Medical (NYSE: MR) fell after the re-election of two directors on Monday.NTELOS Holdings (Nasdaq: NTLS) continued falling after Seeking Alpha raised concerns about the telecom's earnings growth and debt. Oppenheimer warned that EMC (NYSE: EMC) would fall short of expectations for the fourth quarter. In the broad market, advancing issues outpaced decliners by a margin of 12 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 index advanced 24 points to 1450.