The markets surged to close sharply higher with the Dow leaping 129 points to 15,884 ahead of the Federal Reserve meeting that could be the start of bond tapering. Nasdaq climbed 28 points to 4029.
On the upside
Agenus (Nasdaq: AGEN) reported positive results from a Phase 2 study of its brain cancer vaccine Prophase Series G-200.
The U.S. Navy's Military Sealift Command selected Revolution Lighting Technologies (Nasdaq: RVLT) to supply dry cargo/ammunition ships with 17,000 Seesmart LED tube lamps.
Herbalife (NYSE: HLF) re-audited more than three years of financials and determined that there was no need to make any changes to previous financial reports.
On the downside
TTM Technologies (Nasdaq: TTMI) will offer $150 million worth of convertible senior notes.
Veeva Systems (NYSE: VEEV) reported higher third quarter earnings and revenue but the stock price tumbled.
The Delaware Supreme Court dismissed an appeal by Cooper Tire & Rubber (NYSE: CTB) to move forward with its acquisition of Apollo Tyres.
In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 climbed 11 points to 1786. Bitcoin dropped $17.16 or 2.18% to $769.40.
