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 ARTG had surged 45.4%. Oracle Corp 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 TMRK, which was up 10.3%. TMRK has reported narrower-than-expected Q2 loss. Cabela's Inc 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.
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Posted In: EarningsLong IdeasM&AMarketsMoversTrading IdeasConsumer DiscretionaryInformation TechnologyInternet Software & ServicesSpecialty StoresSystems Softwaretop Narrow Based Indexes
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