Resignation Of President Mubarak Lifts Markets

Embattled Egyptian President Hosni Mubarak resigned lifting the markets higher during the midday with the Dow rising 19 points to 12,248. Nasdaq gained 12 points to 2802.

On the upside

JDS Uniphase (Nasdaq: JDSU) will launch its new LTE/4G service assurance solution at the Mobile World Congress next week.

Third quarter earnings for Tata Motors (NYSE: TTM) surged to surpass analyst expectations as sales soared at its Jaguar and Land Rover unit.

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