Higher close as Trump assembles team

The markets reversed course to close higher with the Dow rising 39 points to 18,847 as president elect Donald Trump begins assembling his cabinet. Nasdaq gained 28 points to 5,237.


On the upside


Triton International (NYSE: TRTN) fell to a loss for the third quarter but revenue soared and the company declared a quarterly cash dividend of 45 cents per share payable on December 22, 2016 to shareholders of record December 2, 2016.


Shares of Navios Maritime (NYSE: NM) continued climbing.


Turtle Beach (Nasdaq: HEAR) reported higher third quarter revenue and lifted its full year outlook.


On the downside


Falling gold prices weighed down shares of DRDGOLD (NYSE: DRD) and Harmony Gold (NYSE: HMY).


Shares of Endeavour Silver (NYSE: EXK), Fortuna Silver Mines (NYSE: FSM), Silver Standard Resources (Nasdaq: SSRI) and Silver Wheaton (NYSE: SLW) all fell as silver prices dropped.


Photronics (Nasdaq: PLAB) warned that fourth quarter results would falls short of expectations.


In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 lost 3 points to 2,164. Bitcoin added $1 to $712.

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