The markets recovered to trade higher during the midday with the Dow rising 22 points to 17,624 as crude oil prices edged up. Nasdaq gained 8 points to 4,803.
On the upside
Shares of OvaScience (Nasdaq: OVAS) extended its gains.
Top Nasdaq Stocks added Kitov Pharmaceuticals (NYSE: KTOV) to its watch list.
A group of thirty-six doctors who specialize in Duchenne muscular dystrophy sent a letter to the Food and Drug Administration that urged approval of Sarepta Therapeutics’ (Nasdaq: SRPT) experimental treatment eteplirsen.
On the downside
Profit taking sank shares of Pengrowth Energy (NYSE: PGH).
Investors locked in profits on Diamond Resorts International (NYSE: DRII).
SunEdison (NYSE: SUNE) yieldco TerraForm Global (Nasdaq: GLBL) cancelled a deal to buy Globeleq Mesoamerica Energy.
In the broad market, declining issues outpaced advancers by a margin of nearly 6 to 5 on the NYSE while advancers edged out decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 added a point to 2,051. Bitcoin lost $2 to $410.
