Record close for markets

The markets surged to close at record highs with the Dow soaring 117 points to 18,613 as crude oil prices advanced. Nasdaq climbed 23 points to 5,228.


On the upside


Uranium Resources (Nasdaq: URRE) reported a narrower second quarter loss on per share basis.


Alpha & Omega Semiconductor (Nasdaq: AOSL) swung to a better than expected profit for the fourth quarter as revenue climbed.


Nymox Pharmaceutical (Nasdaq: NYMX) reported major progress of its prostate enlargement and low grade prostate cancer treatment fexapotide and will file for approval in the next 1-2 quarters.


On the downside


A. Schulman (Nasdaq: SHLM) cut its full year earnings outlook.


The Justice Department is investigating Valeant Pharmaceuticals (NYSE: VRX) and Philidor Rx Services for allegedly defrauding insurers by hiding their close relationship.


Vista Outdoor (NYSE: VATO) reported lower second quarter earnings that fell short of expectations.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 climbed 10 points to 2,185. Bitcoin slipped $1 to $589.

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