Higher close even as crude oil prices fall

The markets closed higher with the Dow climbing 47 points to 17,131 even as crude oil prices fell. Nasdaq rose 8 points to 4,838.

On the upside

Alibaba Group (NYSE: BABA) will host a launch ceremony for the 11.11 Global Shopping Festival.

Facebook (Nasdaq: FB) introduced new ad features that allow users to make purchases without leaving Facebook.

SuperLobby reported that Yahoo's (Nasdaq: YHOO) daily fantasy sports platform collected more in entry fees than it paid in prizes.

On the downside

2U (Nasdaq: TWOU) will release third quarter earnings after market close on November 5.

Profit taking continued to weigh down shares of Unit (NYSE: UNT).

Shares of Petrobras (NYSE: PBR) fell as crude oil prices dropped.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE while declines edged out advancers by 10 to 9 on Nasdaq. The broader S&P 500 added 2 points to 2,017. Bitcoin lost $2 to $244.