The markets soared to close sharply higher with the Dow leaping 128 points to 14,802 over strong March trade data from China. Nasdaq surged 59 points to 3297.
On the upside
Royale Energy (Nasdaq: ROYL) will receive $43 million in a joint venture to explore and develop its Alaska North Slope holdings.
First quarter earnings fell for Adtran (Nasdaq: ADTN) but the results surpassed analyst expectations.
NII Holdings (Nasdaq: NIHD) introduced its first phone that is preloaded with its Motorola ATRIX walkie-talkie software solution.
On the downside
Profit taking sank shares of First Solar (Nasdaq: FSLR).
A Chilean court cited environmental concerns for suspending Barrick Gold's (NYSE: ABX) Pascua Lama mine.
Investors locked in profits on Synergy Pharmaceuticals (Nasdaq: SGYP).
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by more than 7 to 2 on Nasdaq. The broader S&P 500 index soared 19 points to 1587.
