Indications that Senator Marco Rubio will support the tax plan sent the markets soaring to close sharply higher with the Dow surging 143 points to 24,651. Nasdaq leaped 80 points to 6,936.
On the upside
Stifel upgraded Crocs (Nasdaq: CROX) from a Hold rating to a Buy rating.
Surgery Partners (Nasdaq: SGRY) announced plans to repurchase up to $50 million of its common stock.
Analysts expect Roku (Nasdaq: ROKU) to benefit from Disney's (NYSE: DIS) acquisition of Fox (Nasdaq: FOXA) assets.
On the downside
Investors locked in profits on Marinus Pharmaceuticals (Nasdaq: MRNS).
Verastem (Nasdaq: VSTM) priced its public offering of $25 million worth of common stock.
NQ Mobile (NYSE: NQ) reported losses for the first, second and third quarter.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 soared 23 points to 2,675. Bitcoin gained $66 to $17,498.