An uptick in job openings in July lifted the markets higher during the midday with the Dow gaining 77 points to 10,418. Nasdaq climbed 25 points to 2234.
On the upside
EDAP TMS (Nasdaq: EDAP) reported upbeat results for a long term clinical trial of its prostate cancer treatment Ablatherm-HIFU.
Green Mountain Coffee Roasters (Nasdaq: GMCR) will increase the prices of its K-Cup portion packs for its Keurig Single Cup brewing system beginning on October 11, 2010.
Soleil Securities analyst Jake Fuller upgraded MGM Resorts (NYSE: MGM) to a Buy rating citing increased bookings for conferences in Las Vegas.
On the downside
Avian Securities analyst Andy Abrams cited weakening demand and higher inventories for downgrading LED lighting maker Veeco (Nasdaq: VECO).
Shares of Visa (NYSE: V) fell as the Federal Reserve began revising debit card regulations.
UDR (NYSE: UDR) priced its secondary offering of 16 million common shares at $20.35 per share.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by 3 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 8 points to 637.
