The markets opened higher with the Dow gaining 52 points to 19,135 on optimism for strong holiday sales on Black Friday. Nasdaq added 4 points 5,385.
On the upside
Ctrip.com International (Nasdaq: CTRP) reported better than expected earnings for the third quarter and announced plans to buy Skyscanner Holdings for approximately $1.7 billion.
Shares of Cliffs Natural Resources (NYSE: CLF) continued climbing.
Heat Biologics (Nasdaq: HTBX) stock soared on no news.
On the downside
Profit taking weighs down shares of Euroseas (Nasdaq: ESEA).
Vale (NYSE: VALE) has approved $181 million for remediation and compensation programs and $115 million in credit for the Samarco iron ore mine disaster.
Petrobras (NYSE: PBR) settled 11 investor lawsuits that are part of a class action suit against the Brazilian oil company.
In the broad market, advancing issues outpaced decliners by a margin of 7 to 5 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 added 4 points to 2,209. Bitcoin slipped $1 to $734.
