Sharply Higher Close On Narrower Trade Deficit

A narrower than expected November trade deficit boosted the markets to a sharply higher close with the Dow soaring 105 points to 16,530. Nasdaq jumped 39 points to 4153.

On the upside

Motley Fool noted that Ballard Power (Nasdaq: BLDP) increased revenue and improved margins during the first nine months of 2013.

Stereotaxis (Nasdaq: STXS) completed the clinical trial that the Food and Drug Administration required for its Vdrive(™) Robotic Navigation Sytem with V-Loop(™) Circular Catheter Manipulator.

Mad Money's Jim Cramer recommended buying Gogo (Nasdaq: GOGO).


On the downside


Procera Networks (Nasdaq: PKT) warned that fourth quarter and full year revenue would fall short of previous guidance.

Shares of GameStop (NYSE: GME) tumbled after Sony announced a cloud-based television service that will be available through its PlayStation system.

Twitter (NYSE: TWTR) stock continued falling after a downgrade yesterday.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 gained 10 points to 1837. Bitcoin slipped $4.79 or 0.53% to $899.09.

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