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September 01, 2020 1:26pm
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Higher close as crude oil prices rise

Rising crude oil prices lifted the markets to a higher close with the Dow gaining 89 points to 20,894. Nasdaq advanced 49 points to 6,133.


On the upside


The Food and Drug Administration posted briefing documents for the Oncologic Drugs Advisory Committee meeting on May 24 to review Puma Biotechnology's (Nasdaq: PBYI) breast cancer treatmentneratinib.


Rosenblatt analyst Jun Zhang expects Finisar (Nasdaq: FNSR) to resume shipping products to Huawei in July after passing a requalificaton test.


Bargain hunters lifted shares of Stein Mart (Nasdaq: SMRT).


On the downside


Shares of Forterra (Nasdaq: FRTA) fell for the seventh day.


Robert W. Baird downgraded Zoe's Kitchen (NYSE: ZOES) from an Outperform rating to a Neutral rating.

PRA Group (Nasdaq: PRAA) will offer $300 million in convertible senior notes.


The broader S&P 500 climbed 12 points to 2,394. Bitcoin leaped $119 to $2128.


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