Advancing crude oil lifts markets to higher close

Crude oil prices advance to lift the markets to a higher close with the Dow gaining 85 points to 20,981. Nasdaq climbed 28 points to 6,149.


On the upside


Shares of EnteroMedics (Nasdaq: ETRM) climbed ahead of its earnings release.


Trivago (Nasdaq: TRVG) reversed year ago losses to post a profit for the first quarter.


The Food and Drug Administration granted Breakthrough Therapy Designation to Ignyta's (Nasdaq: RXDX) entrectinib.


On the downside


TOP Ships (Nasdaq: TOPS) entered a Note Purchase Agreement with Xanthe Holdings.


Investors locked in profits on Verso (NYSE: VRS).

Eagle Pharmaceuticals (Nasdaq: EGRX) named Pete A. Meyers to the position of chief financial officer.


The broader S&P 500 climbed 10 points to 2,402. Bitcoin dropped $67 to $1673.


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