The markets opened higher with Dow rising 31 points to 18,089 as crude oil prices continued climbing. Nasdaq gained 26 points to 5,022.
On the upside
Builders FirstSource (Nasdaq: BLDR) will acquire ProBuild Holdings in an all cash deal valued at approximately $1.63 billion.
Great Basin Scientific (Nasdaq: GBSN) reported that its revenue generating customers in the United States increased to 101 in the first quarter.
The Food and Drug Administration notified Arrowhead Research (Nasdaq: ARWR) that it may proceed with a multi-dose Phase 2b clinical study of ARC-520.
Rising crude oil prices lifted shares of Petrobras (NYSE: PBR)
On the downside
Investors locked in profits on General Electric (NYSE: GE).
MGM Resorts (NYSE: MGM) filed proxy materials for its annual meeting.
In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 2106. Bitcoin slipped $1 to $233.
Markets open higher as oil continues rising
April 13, 2015 at 10:43 AM EDT