Brexit fears ebbed to boost the markets to a sharply higher close with the Dow surging 129 points to 17,804. Nasdaq climbed 36 points to 4,837.
On the upside
Freeport-McMoRan (NYSE: FCX) will eliminate another 16 jobs in Houston.
Bargain hunters lifted shares of Genesis Healthcare (NYSE: GEN).
Walmart (NYSE: WMT) will sell its Yihaodian Chinese e-commerce business to JD.com (Nasdaq: JD) for a 5% equity stake in JD.com.
On the downside
Investors locked in profits on Biostar Pharmaceuticals (Nasdaq: BSPM).
Shares of Sophiris Bio (Nasdaq: SPHS) dropped for the fourth day.
Energy Transfer Equity (NYSE: ETE) former chief financial officer testified that chief executive officer Kelcy Warren was concerned that a merger with Williams Cos. would prompt downgrades and a plunge in the stock price.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 climbed 12 points to 2,083. Bitcoin fell $8 to $713.
