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Toward the end of trading Wednesday, the Dow traded up 0.29 percent to 13,368.20 while the NASDAQ rose 0.36 percent to 3,102.92. The S&P also rose, increasing 0.14 percent to 1,459.25.
Top Headline
The battle for Clearwire
CLWR continued this morning, as Dish Network
DISH made an offer for the company of $3.30 per share, topping Sprint's
S deal by about 15 percent. This sent Clearwire shares up about 7.5 percent in early trading.
Equities Trading UP
NuVasive
NUVA rose 10.53 percent at the open Wednesday to $17.42 after the company issued some positive guidance this morning.
Shares of Dynavax Technologies
leveled out toward the end of trading, remaining up 6.54 percent at $3.26 as traders showed the stock some love.
Interactive Intelligence Group
ININ was also on the rise, gaining a staggering 18.63 percent to $39.03 after some very optimistic guidance for its fourth quarter 2013.
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Apollo Group
APOL was among the morning's top losers, falling 7.74 percent to $19.32 after a series of downgrades this morning.
Comstock Resources
CRK was also down, falling 9.19 percent to $13.83 after the company unveiled its $420 million capex budget.
Shares of EXCO Resources
XCO were down as well, dropping 5.84 percent to $6.45 after a senior analyst at Sanford Bernstein released a report detailing a large new supply of oil.
Commodities
In commodity news, oil traded down 0.01 percent to $93.14, while gold traded down 0.37 percent to $1,656.10.
Silver traded down 0.17 percent Wednesday to $30.30.
Eurozone
European makers were largely on the rise early this morning, lead upwards by some positive budget data. Italian shares saw the biggest gain, rising 1.09 percent with the Spanish Ibex coming in behind it at a gain of 0.61 percent.
Economics
In economic news Wednesday morning, MBA mortgage applications came in at 11.7, well above the previous figure -10.40.
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