Markets advance as Athens stock exchange prepares to reopen

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The markets advanced during the midday with the Dow soaring 163 points to 17,604 as the Athens stock exchange prepared to reopen after being closed for nearly one month. Nasdaq climbed 43 points to 5,083.

On the upside

Bargain hunters continued to snap up shares of Sunesis Pharmaceuticals (Nasdaq: SNSS).

Shares of Cliffs Natural Resources (NYSE: CLF) climbed ahead of its earnings release tomorrow.
 
The U.S. military bought a Multi-Mission Hemispheric Radar from RADA Electronic Industries (Nasdaq: RADA) to test and evaluate.
 
On the downside

Shares of Republic Airways Holdings (Nasdaq: RJET) extended its losses.

Radware (Nasdaq: RDWR) reported higher second quarter earnings and revenue but the results fell short of expectations.

Carmike Cinemas (Nasdaq: CKEC) fell to a loss for the second quarter.

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 soared 22 points to 2090. Bitcoin eased a fraction to $291.

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