The markets soared to a sharply higher close with the Dow leaping 181 points to 16,247 as February factory output surged more than expected. Nasdaq climbed 34 points to 4279.
On the upside
TheStreet.com said that CombiMatrix (Nasdaq: CBMX) had the potential to double or more.
YOU On Demand (Nasdaq: YOD) climbed again after announcing last week that the company secured agreements to offer popular children's titles through its YOU Kids On Demand subscription platform.
Bristol-Myers Squibb will invest $50.5 million in Five Prime Therapeutics (Nasdaq: FPRX) as part of a joint cancer immune therapies development deal.
On the downside
Investors locked in profits on Ballard Power Systems (Nasdaq: BLDP).
Profit taking sank shares of NewLead Holdings (Nasdaq: NEWL).
Shares of Fortuna Silver Mines (NYSE: FSM) fell ahead of its earnings release.
In the broad market, advancing issues outpaced decliners by a margin of more the 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 soared 17 points to 1858. Bitcoin slipped $8.75 or 1.39% to $619.75.
