The markets advanced during the midday with Dow rising 15 points to 16,025 on optimism that the Federal Reserve will maintain its policy of record low interest rates. Nasdaq gained 16 points to 3985.
On the upside
Pretium Resources (NYSE: PVG) reported better than expected results from a bulk sample.
Shares of apparel company Vince Holding (NYSE: VNCE) leaped in its market debut.
Chinese online sports lottery provider 500.com (NYSE: WBAI) surged on its first trading day.
On the downside
Nordic American Tankers (NYSE: NAT) priced its follow-on offering of 8.125 million common shares at the discounted price of $8 per share.
Ross Stores (Nasdaq: ROST) reported higher third quarter earnings but the retailer warned of intense competition and promotional sales during the holiday season.
R. W. Baird cut its price target on Tile Shop Holdings (Nasdaq: TTS) to $30 from $24.
In the broad market, declining issues were on par with advancers on the NYSE while advancers edged out decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 rose 4 points to 1800.
