A better than expected gain in producer prices sent the markets soaring to a sharply higher close with the Dow surging 108 points to 16,481. Nasdaq climbed 31 points to 4214.
On the upside
Shares of Thompson Creek Metals (NYSE: TC) continued climbing.
Globus Medical (NYSE: GMED) expects higher fourth quarter revenue and reported higher preliminary full year revenue above previous guidance.
Datalink (Nasdaq: DTLK) lifted its fourth quarter earnings and revenue forecast.
On the downside
New trading rules in the European Union weighed down shares of IntercontinentalExchange Group (NYSE: ICE).
Kosmos Energy (NYSE: KOS) revised downward its production forecast for 2014.
CytRx (Nasdaq: CYTR) extended its losses.
In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 gained 9 points to 1848. Bitcoin rose $19.79 or 2.09% to $944.79.