Global economic stimulus measures lifted the markets to a higher close with the Dow soaring 91 points to 17,810. Nasdaq rose 11 points to 4,712.

On the upside

Bargain hunters lifted shares of E-House China (NYSE: EJ).

Optimism that China’s interest rate cut will spark economic activity lifted shares of Cliffs Natural Resources (Nasdaq: CLF). 

Petrobras (NYSE: PBR) announced that its Cidade de Ilhabela offshore platform became operational.

On the downside

Amedica (Nasdaq: AMDA) priced its public offering of more than 11.4 million units at the discounted price of $1.14 per unit.

Renren (NYSE: RENN) widened third quarter losses more than expected as revenue dropped.

NeoStem (NYSE: NBS) clarified certain facts about the Phase 2 PreSERVE clinical trial but the stock price fell.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by 10 to 9 on Nasdaq. The broader S&P 500 gained 10 points to 2063. Bitcoin slipped $5 to $351.