The markets reversed course to close higher with the Dow gaining 21 points to 18,573 as crude oil prices edged up. Nasdaq added a point to 5,228.
On the upside
Shares of Auris Medical Holding (Nasdaq: EARS) soared ahead of its earnings release on Thursday and in anticipation of the release of top line results from its TACTT2 trial.
Urban Outfitters (Nasdaq: URBN) impressed with higher second quarter earnings and revenue that beat analyst expectations.
Shares of Marrone Bio Innovations (Nasdaq: MBII) climbed for the sixth day.
On the downside
21Vianet Group (Nasdaq: VNET) reported a greater than expected loss for the second quarter prompting a downgrade.
Performance Sports Group (NYSE: PSG) is under investigation by the U.S. Securities and Exchange Commission and Canadian securities regulators.
Barnes & Noble (NYSE: BKS) fired chief executive Ronald D. Boire after less than a year prompting a downgrade.
In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while decliners outpaced advancers by nearly 7 to 5 on Nasdaq. The broader S&P 500 rose 4 points to 2,182. Bitcoin fell $7 to $569.
