Higher open ahead of minutes release

The markets opened sharply higher with the Dow soaring 128 points to 16,503 ahead of the release of the Federal Reserve's meeting minutes. Nasdaq gained 26 points to 4,123.

On the upside

Trina Solar (NYSE: TSL) reversed year ago losses to post a profit for the first quarter as revenue surged.

Shares of NewLead Holdings (Nasdaq: NEWL) continued soaring for a third straight day.

China Ming Yang Wind Power Group (NYSE: MY) reported higher first quarter earnings and revenue.

On the downside

Thompson Creek Metals (NYSE: TC) announced an exchange offer for its 6.50% Tangible Equity Units into common shares.

First quarter earnings rose for PetSmart (Nasdaq: PETM) but revenue fell short of expectations prompting the company to cut its full year guidance.

Booz Allen Hamilton (NYSE: BAH) reported lower fourth quarter earnings and revenue.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 climbed 10 points to 1883. Bitcoin rose $7.18 or 1.48% to $486.27.

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