Optimism that Greece will finalize an agreement with its creditors lifted the markets during the midday with the Dow climbing 68 points to 18,080. Nasdaq gained 18 points to 5,094.
On the upside
LightPath Technologies (Nasdaq: LPTH) launched its proprietary infrared product technologies.
Shares of Pixelworks (Nasdaq: PXLW) rose again after announcing on Monday that the company's True Clarity display enhancements will be used in the ASUS Hero ZenPad tablet.
NQ Mobile (NYSE: NQ) stock continued climbing over the appointment on Monday of Roland Wu to the position of chief financial officer.
On the downside
Ocean Rig (Nasdaq: ORIG) priced its offering of approximately 28.5 million common shares at the discounted price of $7.00 per share.
Pomerantz Law Firm initiated an investigation into China Finance Online (Nasdaq: JRJC).
Violin Memory (NYSE: VMEM) reported a greater than expected loss for the first quarter as revenue fell.
In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while advancers outpaced decliners by more than 2 to 1 on Nasdaq. The broader S&P 500 rose 4 points to 2113. Bitcoin held steady at $226.
Optimism for Greek agreement lifts markets
June 03, 2015 at 14:28 PM EDT