The markets advanced during the midday with the Dow climbing 65 points to 16,901 as the nation's job market recovered to pre-recession levels. Nasdaq gained20 points to 4,316.
On the upside
Shares of Arista Networks (NYSE: ANET) surged on its first trading day.
JP Morgan initiated coverage of Cheetah Mobile (NYSE: CMCM) with an Overweight rating.
Bank of America/Merrill Lynch upgraded Angie's List (Nasdaq: ANGI) from a Neutral rating to a Buy rating.
On the downside
Top Ships (Nasdaq: TOPS) priced its public offering of 10 million common shares at the discounted price of $2.00 per share.
Vertex Energy (Nasdaq: VTNR) announced a private placement of $17.1 million worth of common stock.
Diamond Foods (Nasdaq: DMND) widened third quarter losses more than expected.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 rose 7 points to 1947. Bitcoin eased $1.25 or 0.19% to $651.91.
