ECB explores further aid, markets rise

The market advanced during the midday with the Dow gaining 45 points to 17,530 as the European Central Bank explored further options to strengthen the European economy. Nasdaq added 2 points to 4,623.

On the upside

Shares of Nevro (NYSE: NVRO) surged in its market debut.

Sierra Wireless (Nasdaq: SWIR) fell to a loss for the third quarter but the results were better than expected and the company forecast current quarter results above estimates. 

Polypore International (NYSE: PPO) reported sharply higher third quarter earnings that surpassed analyst expectations.

On the downside

Walter Investment Management (NYSE: WAC) fell to a greater than expected loss for the third quarter and forecast full year earnings that missed estimates.

Web.com Group (Nasdaq: WWWW) narrowed losses for the third quarter but revenue fell short of expectations.

Cornerstone OnDemand (Nasdaq: CSOD) widened third quarter losses and cut its fourth quarter revenue forecast.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 edged up a point to 2025. Bitcoin rose $6 to $344.

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