The markets advanced into positive territory during the midday with the Dow rising 19 points to 15,781 on a slow holiday trading day. Nasdaq added 2 points 3920 on Veterans Day.
On the upside
Fox News and Fox Business News reported last week about the potential benefits of Northwest Biotherapeutics' (Nasdaq: NWBO) non-toxic DCVax solid tumor cancer treatment.
Analysts expect NQ Mobile (NYSE: NQ) to report sharply higher third quarter earnings after market close tomorrow, November 12.
Arena Pharmaceuticals (Nasdaq: ARNA) stock extended its gains after expanding a marketing deal last week for its Belviq weight loss drug with Eisai.
On the downside
Shares of Nuverra Environmental Solutions (NYSE: NES) continued falling after reporting a wider third quarter loss last week.
Investors locked in profits on FirstEnergy (NYSE: FE).
Nomura Securities analysts Kapil Singh and Nishit Jalan downgraded Tata Motors (NYSE: TTM) from a Buy rating to a Hold rating.
In the broad market, advancing issues edged out decliners by a margin of nearly 10 to 9 on the NYSE while decliners outpaced advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 edged up a fraction to 1771.
