The markets closed mixed with the Dow rising 13 points to 17,279 as Oracle's management change tempered enthusiasm for Alibaba's impressive IPO. Nasdaq lost 13 points to 4,579.

On the upside

Shares of Alibaba Group (NYSE: BABA) leaped in its market debut.

ChinaNet Online Holdings (Nasdaq: CNET) announced a new growth strategy focused on digital advertising services and has engaged in discussions to provide Alibaba (NYSE: BABA) with Micro-Sell 360.

Fairway Group Holdings (Nasdaq: FWM) named Jack Murphy to the position of chief executive officer.

On the downside

Quest Resource Holding (Nasdaq: QRHC) priced its public offering of 9 million common shares at the discounted priced of $1.99 per share.

The SEC may take enforcement action against ITT Educational Services (NYSE: ESI).

Primero Mining (NYSE: PPP) reported a fatal accident involving an employee of a contractor at its San Dimas Mine in Mexico.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 eased a point to 2010. Bitcoin slipped $1 to $390.

Markets soar as Alibaba makes debut

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Alibaba's eagerly anticipated IPO boosted the markets to a sharply higher open with the Dow climbing 74 points to 17,340. Nasdaq gained 14 points to 4,607.

On the upside

SAP will a premium of approximately $7.3 billion in cash to acquire Concur Technologies (Nasdaq: CNQR).

Reports circulated that Siemens was preparing to make an offer for Dresser-Rand Group (NYSE: DRC).

Pro-Dex (Nasdaq: PDEX) swung to a profit for the fourth quarter as revenue rose.

On the downside

Shares of Net Element (Nasdaq: NETE) extended its losses.

Oracle (NYSE: ORCL) founder Larry Ellison will relinquish the chief executive officer role to Safra Catz and Mark Hurd. The software firm also reported slightly lower first quarter earnings that missed expectations.

Red Hat (NYSE: RHT) reported higher second quarter earnings and revenue but cash flow fell.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 7 points to 2019. Bitcoin dropped $27 to $395.

Dow sets new record

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The markets rallied to a record close with the Dow surging 109 points to a new high of 17,265 as investors embraced low interest rates and falling unemployment claims. Nasdaq climbed 31 points to 4,593.

On the upside

Bargain hunters lifted shares of China Recycling Energy (Nasdaq: CREG).

Oncothyreon (Nasdaq: ONTY) priced two separate offerings of 10 million common shares and 10,000 shares of convertible preferred stock.

A doctor has been testing a combination of Arena Pharmaceuticals' (Nasdaq: ARNA) obesity treatment Belviq with phentermine to improve weight loss.

On the downside

A Food and Drug Administration advisory panel recommended that the agency limit the use of low testosterone drugs such as Repros Therapeutics' (Nasdaq: RPRX) Androxal.

Investors continued to lock in profits on Sino-Global Shipping America (Nasdaq: SINO).

Hercules Offshore (Nasdaq: HERO) blamed falling demand for idling another rig.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 rose 9 points to close at a record 2011. Bitcoin tumbled $36 to $406.

Jobless claims drop, markets advance

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A steeper than expected drop in first time applications for unemployment benefits lifted the markets higher during the midday with the Dow soaring 95 points to 17,252. Nasdaq climbed 28 points to 4,590.

On the upside

Shares of ProQR (Nasdaq: PRQR) surged on its first trading day.

Foamix Pharmaceuticals (Nasdaq: FOMX) stock soared in its market debut.

Vimicro International (Nasdaq: VIMC) will participate in investor events hosted by Industrial Securities.

On the downside

Investors locked in profits on Tokai Pharmaceuticals (Nasdaq: TKAI).

SinoCoking Coal and Coke Chemical Industries (Nasdaq: SCOK) announced a $14.3 million registered direct offering.

Ernst & Young resigned as the independent auditor for PDL BioPharma (Nasdaq: PDLI).

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 rose 8 points to 2010. Bitcoin dropped $23 to $419.
The markets opened higher with the Dow climbing 77 points to 17,233 after the Federal Reserve maintained interest rates. Nasdaq gained 20 points to 4,582.

On the upside

The Food and Drug Administration approved the fast-acting erectile dysfunction medication Stendra that was developed by Vivus (Nasdaq: VVUS) and Auxilium Pharmaceuticals (Nasdaq: AUXL).

Veritas Capital will pay $150 million in cash to acquire the Space Photovoltaics business  of Emcore (Nasdaq: EMKR).

Penn West Petroleum (NYSE: PWE) swung to a profit for the second quarter and declared a quarterly dividend of $0.14 per share payable on October 15, 2014 to shareholders of record September 30, 2014.

On the downside

Rite Aid (NYSE: RAD) reported sharply higher second quarter earnings but the company cut its full year earnings outlook.

Pier 1 Imports (NYSE: PIR) disappointed with lower second quarter earnings that fell short of analyst expectations and lowered its full year guidance.

Marchex (Nasdaq: MCHX) lowered its full year call-driven revenue.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 added 5 points to 2007. Bitcoin fell $13 to $429.
The Federal Reserve's commitment to a continued policy of low interest rates lifted the markets to a higher close with the Dow gaining 24 points to 17,156. Nasdaq rose 9 points to 4,562.

On the upside

TG Therapeutics (Nasdaq: TGTX) stock climbed again after announcing a special protocol assessment agreement with the Food and Drug Administration on Monday.

Shares of Epiq Systems (Nasdaq: EPIQ) continued soaring after Nasdaq announced on Monday that Epiq would be added to the Nasdaq Technology Dividend Index before Market Open on September 22, 2014.

A bankruptcy judge said that the bankruptcy hearing for Siga Technologies (Nasdaq: SIGA) was not the appropriate venue for PharmAthene to seek liability payments stemming from a lawsuit.

On the downside

Pomerantz will investigate investor claims against PDL BioPharma (Nasdaq: PDLI).

Owens-Illinois (NYSE: OI) warned of lower third quarter earnings.

Atlantic Power (NYSE: AT) extended its losses.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 6 points to 2005. Bitcoin dropped $18 to $440.

Markets flat as consumer prices drop

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The markets traded flat during the midday with the Dow rising 5 points to 17,137 as consumer prices dropped. Nasdaq edged up a point to 4,553.

On the upside

Shares of Tokai Pharmaceuticals (Nasdaq: TKAI) surged on its first trading day.

CTI BioPharma (Nasdaq: CTIC) entered an exclusive license and collaboration agreement with Servier to develop and commercialize PIXUVRI to treat aggressive B-cell non-Hodgkin lymphoma.

YRC Worldwide (Nasdaq: YRCW) amended its credit agreement.

On the downside

Oncolytics Biotech (Nasdaq: ONCY) reported that its carboplatin, paclitaxel plus REOLYSIN treatment for pancreatic cancer barely extended the median progression free survival time in test patients prompting a downgrade.

Profit taking sank shares of Sino-Global Shipping America (Nasdaq: SINO).

Skechers USA (NYSE: SKX) sued DB Shoe Company for infringing on its Skechers Go Walk product line.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 held steady at 1998. Bitcoin fell $11 to $448.
The markets opened higher with the Dow gaining 27 points to 17,159 as investors await the Federal Reserve's policy statement this afternoon. Nasdaq rose 9 points to 4,561.

On the upside

Net Element (Nasdaq: NETE) will enable merchants to accept Apple Pay.

Auxilium Pharmaceuticals (Nasdaq: AUXL) received an acquisition offer from Endo Pharmaceuticals valued at approximately $2.2 billion.

The Canadian unit of United States Steel (NYSE: X) will file for creditor protection.

On the downside

Rackspace Hosting (NYSE: RAX) named Taylor Rhodes to replace Graham Weston as chief executive and ended discussions to sell itself.

Sony (NYSE: SNE) warned that losses for the fiscal year would soar to $2.15 billion, canceled dividend payments and announced plans to eliminate approximately 1,000 positions.

Sunoco Logistics Partners (NYSE: SXL) priced its public offering of 7.7 million common units at the discounted price of $48.46 per unit.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 rose 3 points to 2002. Bitcoin lost $6 to $452.
Reports that China's central bank increased its stimulus measures boosted the markets to a sharply higher close with the Dow soaring 100 points to 17,131. Nasdaq gained 33 points to 4,552.

On the upside

Speculation that a new government will be elected in October lifted shares of Petrobas (NYSE: PBR). President Dilma Rousseff and his administration has been plagued by accusations of bribery.

Micron Technology (Nasdaq: MU) introduced its next generation M600 solid-state drive.

MKM Partners affirmed its Buy rating on Twitter (NYSE: TWTR).

On the downside

Odyssey Marine Exploration (Nasdaq: OMEX) completed the current recovery phase of its operations on the SS Central America shipwreck.

Net Element (Nasdaq: NETE) extended its losses.

Advanced Micro Devices (NYSE: AMD) collaborated with Canonical to deploy an OpenStack private cloud but the stock price fell.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 climbed 14 points to 1998. Bitcoin lost $11 to $461.

Markets surge as Fed meets

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The markets surged during the midday with the Dow jumping 128 points to 17,159 as the Federal Reserve commenced its two-day policy meeting. Nasdaq climbed 35 points to 4,554.

On the upside

Bill Barrett (NYSE: BBG) sold the majority of its Powder River Basin acreage and all of its holdings in the Piceance Basin.

Abraxas (Nasdaq: AXAS) increased its third quarter production guidance while lowering its expected operating costs.

Entropic Communications (Nasdaq: ENTR) retained the services of Barclays to explore strategic options.

On the downside

Opexa Therapeutics (Nasdaq: OPXA) terminated the public offering of common stock that was announced yesterday.

Profit taking weighed down shares of Scientific Games (Nasdaq: SGMS).

Sears Holdings (Nasdaq: SHLD) will borrow $400 million in the form of a short term loan from chief executive officer Edward Lampert's hedge fund ESL Investments

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 gained 14 points to 1999. Bitcoin lost $11 to $461.
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