Meanwhile, corporate earnings from media companies were mostly negative.
Discovery Communications disappointed investors after the media company lowered its full-year outlook but said it sees stronger growth in advertising for the fourth quarter.
DirecTV reported third quarter revenue that grew by 8 percent compared to a year ago but subscription additions were less than expected, sending shares lower.
Dish Network reported an unexpected third-quarter loss, but shares were still higher.
Cablevision slumped after the cable and news company said the aftermath from Superstorm Sandy will cost more than the $16-million the firm suffered from last year's Hurricane Irene.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Lori Spechler.
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