A strong gain in manufacturing activity lifted the markets to a higher open with the Dow rising 18 points to 22,423. Nasdaq gained 11 points to 6,506
On the upside
An appeals court overturned a $663 million fraud verdict against Trinity Industries (NYSE: TRN).
Morgan Stanley upgraded Sarepta Therapeutics (Nasdaq: SRPT) from and Equal Weight rating to an Overweight rating and lifted its price target from $33.00 to $60.00.
General Motors (NYSE: GM) is expected to have sold a record number of Chevrolet Bolt EVs in September.
On the downside
Nordstrom (NYSE: JWN) may not be able to secure the necessary financing to go private.
Laredo Petroleum (NYSE: LPI) will sell its interest in Medallion Gathering & Processing.
A deadly shooting in Las Vegas sent shares of MGM Resorts International (NYSE: MGM) lower.
In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 added 2 points to 2,521. Bitcoin leaped $100 to $4,423.
