FinancialContent is the trusted provider of stock market information to the media industry.
Upbeat Economic Data Lifts Markets To Higher Close

Gains in durable goods orders and pending home sales boosted the markets to a higher close with the Dow climbing 92 points to 12,627. Nasdaq gained 21 points to 2875.

On the upside

The Food and Drug Administration approved Arena Pharmaceuticals' (Nasdaq: ARNA) obesity treatment Lorcaserin.

The Financial Times Alphaville blog said that Linde AG may offer up to $3.4 billion for Lincare Holdings (Nasdaq: LNCR).

Moody's downgraded Arch Coal's (NYSE: ACI) corporate family rating.

On the downside

Atlantic Power (NYSE: AT) priced its public offering of 5.57 million shares at the discounted price of $12.76 per share.

Shares of AutoZone (NYSE: AZO) fell after competitor O'Reilly Automotive (Nasdaq: ORLY) cut its guidance.

ITG analyst Steve West expects sales growth to slow for Chipotle Mexican Grill (NYSE: CMG).

In the broad market, advancing issues outpaced decliners by a margin of 7 to 2 on the NYSE and by 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 11 points to 776.

Stock Market JSON API provided by
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Financial Widgets

Display market data, financial news or stock quotes - Learn More

Advertising Network

Advertise on FinancialContent's huge network - Learn More

Web Services

Power your internet and wireless applications - Learn More