Top Narrow Based Indexes For November 2 (ARTG, TMRK, CAB)
By 11:35 am, the Dow Jones Industrial Average was up 69.47 points, or 0.62%, to 11,194.09, while the broader Standard & Poor's 500 index had gained 8.30 points, or 0.70%. The NASDAQ composite index rose 20.24 points, or 0.81%.
Some of the narrow based indexes that are driving the market are E-Commerce Software Stocks, which have gained 5.8%, Data Centers, Colocation, and Content Distribution Network Stocks, up 4.9%, and Sporting Goods Retailer Stocks, moving 4.5% higher as a group.
In Tickerspy's E-Commerce Software complex, Art Technology Group Inc (NASDAQ: ARTG) had surged 45.4%. Oracle Corp (NASDAQ: ORCL) has agreed to acquire ARTG for $1 billion, or $6 per share in cash, representing a 46% premium over ARTG's closing price on Monday.
The best performing Tickerspy Data Centers, Colocation, and Content Distribution Network stock has been Terremark Worldwide Inc (NASDAQ: TMRK), which was up 10.3%. TMRK has reported narrower-than-expected Q2 loss.
Cabela's Inc (NYSE: CAB) is today's leading Tickerspy's Sporting Goods Retailer stock, gaining 17.4%. CAB has posted upbeat Q3 results.
Read more from Benzinga's Markets.
