The markets continued soaring during the midday with the Dow rocketing 259 points to 16,731 as an interest rate increase appeared less likely. Nasdaq leaped 62 points to 4,769.
On the upside
Willbros Group (NYSE: WG) will sell its Professional Services segment to TRC Companies (NYSE: TRR) for $130 million in cash.
Rising crude oil prices lifted shares of Denbury Resources (NYSE: DNR).
Shares of Navistar International (NYSE: NAV) continued climbing.
On the downside
Shares of Teladoc (NYSE: TDOC) extended its losses.
AtriCure (Nasdaq: ATRC) will acquire nContact in a cash and stock transaction.
Investors locked in profits on Endo International (Nasdaq: ENDP).
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 leaped 31 points to 1,983. Bitcoin edged up to $238.
Rate concerns recede, markets surge
October 05, 2015 at 14:55 PM EDT
