The markets closed sharply higher with the Dow rocketing 235 points to 16,284 as Asian markets recovered. Nasdaq leaped 102 points to 4,620.
On the upside
Opexa Therapeutics (Nasdaq: OPXA) completed its 1-for-8 reverse stock split after market close on Monday September 28.
Institutional Shareholder Services recommended that DepoMed (Nasdaq: DEPO) hold a special shareholder meeting to consider Horizon Pharma's (Nasdaq: HZNP) acquisition offer.
Bargain hunters lifted shares of Esperion Therapeutics (Nasdaq: ESPR).
On the downside
Investors locked in profits on Ceres (Nasdaq: CERE).
Caesars Entertainment (Nasdaq: CZR) chief executive Mark Frissora said that games need to change in order to attract younger gamblers.
Profit taking continued to sink shares of Basic Energy Services (NYSE: BAS).
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 leaped 35 points to 1,920. Bitcoin slipped to $235.
Markets surge as Asian stocks recover
September 30, 2015 at 19:05 PM EDT