Rising crude oil prices lifted the markets to a higher close with the Dow gaining 75 points to 18,161. Nasdaq climbed 44 points to 5,243.
On the upside
MakeMyTrip (Nasdaq: MMYT) will merge with ibibo Group.
Netflix (Nasdaq: NFLX) reported an impressive gain of 3.2 million subscribers in the third quarter that far exceeded analyst expectations.
Bargain hunters lifted shares of Biostar Pharmaceuticals (Nasdaq: BSPM).
On the downside
Banc of California (NYSE: BANC) hired a new executive vice president and five new senior directors for its Private Banking Division.
Capstone Turbine (Nasdaq: CPST) priced its public offering of 6.3 million common shares at the discounted price of $1.20 per share.
Nektar Therapeutics (Nasdaq: NKTR) will offer $175 million of common stock through a public offering.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 gained 13 points to 2,139. Bitcoin lost $3 to $633.
