Expectations that Japan will announce further economic stimulus measures boosted the markets to a higher open with the Dow climbing 88 points to 18,665. Nasdaq gained 31 points to 5,264.
On the upside
SORL Auto Parts (Nasdaq: SORL) reported sharply higher second quarter earnings and revenue.
Second quarter earnings and revenue climbed for Live Ventures (Nasdaq: LIVE).
Second quarter earnings soared for Ocean Bio-Chem (Nasdaq: OBCI).
On the downside
Aurinia Pharmaceuticals (Nasdaq: AUPH) reported positive results from a Phase 2b clinical study of AURA-LV in patients with active lupus nephritis but the stock price plunged on news of 13 deaths in the study.
Performance Sports Group (NYSE: PSG) delayed filing its annual report triggering a default under its current credit facilities.
Shares of Concordia International (Nasdaq: CXRX) extended its losses.
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 gained 8 points to 2,192. Bitcoin edged up to $565.
