Rising commodities prices lifted the markets to a modestly higher close with the Dow gaining 33 points to 17,084. Nasdaq climbed 19 points to 4,830.
On the upside
American Airlines (NYSE: AAL) reported a strong 7.2% increase in September total revenue passenger miles.
International Paper (NYSE: IP) will sell its 55% stake in joint venture Shandong Sun Holding Group.
Bargain hunters lifted shares of Yum Brands (NYSE: YUM).
On the downside
Third quarter earnings for Alcoa (NYSE: AA) fell short of analyst expectations as revenue dropped.
Investors locked in profits on Frontier Communications (Nasdaq: FTR).
Profit taking weighed down shares of Genworth Financial (NYSE: GNW).
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 4 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 added a point to 2,014. Bitcoin added $1 to $243.
Higher close as commodities climb
October 09, 2015 at 20:54 PM EDT