Existing home sales soar, markets open higher

Sales of existing homes soared to its highest level in more than nine years to lift the markets to a higher open with the Dow gaining 42 points to 18,998. Nasdaq rose 14 points 5,383.


On the upside


Canada granted a Medical Device Establishment License to Skyline Medical (Nasdaq: SKLN) for its STREAMY System.


Dollar Tree (Nasdaq: DLTR) reported sharply higher third earnings that topped analyst estimates and lifted its current quarter outlook.


Third quarter earnings surged for Burlington Stores (NYSE: BURL) to beat expectations.


On the downside


Patterson (Nasdaq: PDCO) reported second quarter earnings that fell short of expectations.


The Food and Drug Administration did not clear Amedica's (Nasdaq: AMDA) 510(k) premarket application to commercialize Valeo C+CsC.


First quarter revenue for Dycom Industries (NYSE: DY) missed estimates.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 2,201. Bitcoin gained $5 to $744.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.