The market advanced during the midday with the Dow gaining 45 points to 17,530 as the European Central Bank explored further options to strengthen the European economy. Nasdaq added 2 points to 4,623.
On the upside
Shares of Nevro (NYSE: NVRO) surged in its market debut.
Sierra Wireless (Nasdaq: SWIR) fell to a loss for the third quarter but the results were better than expected and the company forecast current quarter results above estimates.
Polypore International (NYSE: PPO) reported sharply higher third quarter earnings that surpassed analyst expectations.
On the downside
Walter Investment Management (NYSE: WAC) fell to a greater than expected loss for the third quarter and forecast full year earnings that missed estimates.
Web.com Group (Nasdaq: WWWW) narrowed losses for the third quarter but revenue fell short of expectations.
Cornerstone OnDemand (Nasdaq: CSOD) widened third quarter losses and cut its fourth quarter revenue forecast.
In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 edged up a point to 2025. Bitcoin rose $6 to $344.
ECB explores further aid, markets rise
November 06, 2014 at 12:51 PM EST