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Higher close as pending home sales climb

The markets closed higher with the Dow gaining 28 points to 24,774 as pending home sales climbed. Nasdaq added 3 points to 6,939.


On the upside


Susquehanna International Group purchased 16,896 shares of Daqo New Energy (NYSE: DQ).


Engineers Gate Manager acquired 40,172 shares of Floor & Decor Holdings (NYSE: FND).


Brookfield Infrastructure Partners (NYSE: BIP) will sell its approximate 278% stake in ETC Transmission Holdings for $1.3 billion.


On the downside


Compass Point downgraded Callaway Golf (NYSE: ELY) from a Neutral rating to a Sell rating.


The Ledger Gazette wrote that Zumiez (Nasdaq: ZUMZ) was a better small-cap retail investment than Tailored Brands (NYSE: TLRD).


Investors locked in profits on Abercrombie & Fitch (NYSE: ANF).


In the broad market, advancing issues outpaced decliners by a margin of 5 to 4 on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 added 2 points to 2,682. Bitcoin plunged $573 to $15,101.


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