Producer prices rose 0.3% in September to lift the markets to a higher open with the Dow soaring 123 points to 18,222. Nasdaq climbed 34 points to 5,247.
On the upside
Shares of ContraVir Pharmaceuticals (Nasdaq: CTRV) continued to climb.
Alibaba (NYSE: BABA) will use Advanced Micro Devices' (Nasdaq: AMD) Radeon Pro graphics chips.
Bargain hunters lifted shares of Bank of America (NYSE: BAC).
On the downside
Ocean Power Technologies (Nasdaq: OPTT) extended its losses.
Infosys (NYSE: INFY) cut its full year revenue outlook.
Landmark Infrastructure Partners (Nasdaq: LMRK) commenced a public offering of 3 million common units.
In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 climbed 13 points to 2,145. Bitcoin edged up to $634.
