The markets closed modestly higher with the Dow gaining 41 points to 10,829 as unemployment benefit extensions lifted incomes. Nasdaq added 2 points to 2370.
On the upside
Shares of cybersecurity solutions firm KEYW Holding (Nasdaq: KEYW) rose on its initial trading day.
Wipro Technologies (NYSE: WIT) appointed Sid Nair to the position of Chief Sales and Operations Officer for USA and Canada.
GenCorp's (NYSE: GY) Aerojet unit produced its 1000th solid rocket motor for the Nulka expendable decoy.
On the downside
Christopher & Banks (NYSE: CBK) widened second quarter losses more than expected.
Craig-Hallum analyst Frank McEvoy downgraded LodgeNet (Nasdaq: LNET) citing the company's withdrawal of its note offering yesterday.
Shares of Hertz (NYSE: HTZ) continued falling after Dollar Thrifty (NYSE: DTG) rejected it's acquisition offer yesterday.
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks added 3 points to 679.
