The markets extended its gains during the midday with the Dow climbing 77 points to 17,054 on upbeat earnings. Nasdaq soared 50 points to 4,414.
On the upside
Shares of Terraform Power (Nasdaq: TERP) surged in its market debut.
Sage Therapeutics (Nasdaq: SAGE) stock soared on its first trading day.
NQ Mobile (NYSE: NQ) hired Marcum Bernstein Pinchuk to replace PricewaterhouseCoopers as its independent auditor.
On the downside
Cepheid (Nasdaq: CPHD) widened loss for the second quarter and forecast full year results below expectations.
Bank of America/Merrill Lynch downgraded Nu Skin Enterprises (NYSE: NUS) from a Neutral rating to an Underperform rating.
Teekay LNG Partners (NYSE: TGP) will offer 2.8 million common units.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 1 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 climbed 14 points to 1973. Bitcoin added $2 to $623.
