Markets soar as CPI rise 0.3%

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The Consumer Price Index rose a healthy 0.3% last month to lift the markets to a sharply higher close with the Dow leaping 228 points to 25,803. Nasdaq climbed 49 points to 7261.


On the upside


Shares of Liberty Oilfield Services (NYSE: LBRT) surged in its market debut.


Atara Biotherapeutics (Nasdaq: ATRA) stock climbed for the fourth day in a row.


Intexon's (NYSE: XON) majority owned subsidiary AquaBounty Technologies (Nasdaq: AQB) priced its public offering of nearly 3.7 million common shares at $3.25 per share.


On the downside 


Share of Invitae (NYSE: NVTA) extended its losses.


Concert Pharmaceuticals (Nasdaq: CNCE) was not granted a Post Grant Review petition challenging the validity of an Incyte Pharmaceutical (Nasdaq: INCY) patent.


Xunlei (Nasdaq: XNET) exhibited its OneThing Cloud at CES 2018.


In the broad market, advancing issues outpaced decliners by a margin of nearly 6 to 5 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 soared 18 points to 2,786. Bitcoin slipped $7 to $13,585.


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