The markets continued advancing during the midday with the Dow climbing 86 points to 17,066 as first time applications for unemployment benefits fell more than expected. Nasdaq rose 4 points to 4531.
On the upside
Shares of Digital Ally (Nasdaq: DGLY) continued climbing.
Xunlei (NYSE: XNET) fell to a loss for the second quarter but the stock price rose.
Bank of America (NYSE: BAC) settled charges from the mortgage crisis meltdown.
On the downside
Second quarter earnings rose for Stage Stores (NYSE: SSI) but the results fell short of expectations and the company lowered its full year earnings outlook.
Investors locked in profits on J.C. Penney (NYSE: JCP).
Shares of Staples (Nasdaq: SPLS) extended its losses.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 rose 6 points to 1993. Bitcoin rose $14 to $521.