The markets advanced during the midday with the Dow climbing 89 points to 17,014 as jobless claims fell to its lowest level in four decades. Nasdaq gained 33 points to 4,816.
On the upside
Dexcom (Nasdaq: DXCM) reported preliminary third quarter revenue above analyst estimates.
Shares of Radius Health (Nasdaq: RDUS) extended its gains.
BofI Holding (Nasdaq: BOFI) denied allegations of wrongdoing and addressed complaints raised in a lawsuit against the company.
On the downside
Imprivata (NYSE: IMPR) reported preliminary third quarter earnings and revenue below analyst expectations.
Preliminary third quarter revenue for Garmin (Nasdaq: GRMN) fell short of expectations prompting the company to lower its full year forecast.
Third quarter earnings and revenue fell for Marriott Vacations (NYSE: VAC).
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 climbed 11 points to 2,005. Bitcoin added $3 to $255.
Markets advance as jobless claims drop
October 15, 2015 at 14:08 PM EDT
