U.S. market indexes are moving higher in midday trading as technology and energy stocks notch gains.
Traders were encouraged Thursday by stronger earnings at U.S. companies, a big acquisition in the online travel business and news of a cease-fire deal in Ukraine.
The Dow Jones industrial average rose 59 points, 0.3 per cent, to 17,922 as of 11:45 a.m. Eastern.
The Standard & Poor's 500 index gained 13 points, or 0.7 per cent, to 2,082. The Nasdaq rose 38 points, or 0.8 per cent, to 4,839.
Cisco Systems jumped 9 per cent after reporting better-than-expected earnings.
Energy stocks advanced as the price of oil rebounded following two days of heavy losses.
Orbitz soared 21 per cent after rival online travel site Expedia said it would buy the company for $1.3 billion. Expedia jumped 16 per cent.
This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.