The markets closed higher with the Dow climbing 70 points to 24,211 as House and Senate Republicans worked on a compromise tax plan. Nasdaq gained 36 points to 6,812.

On the upside

Stryker (NYSE: SYK) will pay a premium of approximately $662 million in cash to acquire Entellus Medical (Nasdaq: ENTL).

SeaChange International (Nasdaq: SEAC) narrowed third quarter losses and announced that its Adrenalin multiscreen video solution was selected to be part of Liberty Global's next-generation video platform.

Shares of Immunomedics (Nasdaq: IMMU) extended its gains.

On the downside

LendingClub (NYSE: LC) cut its fourth quarter guidance and forecast 2018 results below expectations.

Third quarter earnings slipped for Argan (NYSE: AGX).

Duluth Holdings (Nasdaq: DLTH) fell to a loss for the third quarter.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 gained 7 points to 2,636. Bitcoin vaulted $2,097 to $15,775.