The markets yo-yoed to close sharply higher with the Dow soaring 117 points to 16,516 even as crude oil fell below $31 per barrel. Nasdaq surged 47 points to 4,685.
On the upside
Bargain hunters lifted shares of Zafgen (Nasdaq: ZFGN).
Burlington Stores (NYSE: BURL) affirmed its fourth quarter and full year outlook.
Shares of The Container Store (NYSE: TCS) rose as investors snapped up bargains.
On the downside
Southcross Energy Partners (NYSE: SXE) stock continued falling.
Boot Barn (NYSE: BOOT) trimmed its third quarter earnings outlook.
Investors locked in profits on Anavex Life Sciences (Nasdaq: AVXL).
In the broad market, declining issues outpaced advancers by a margin of 10 to 9 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 gained 15 points to 1,938. Bitcoin lost $2 to $445.
