The nation's industrial output rose 0.4% last month to lift the markets to a higher open with the Dow climbing 92 points to close at 14,691. Nasdaq gained 22 points to 3239.
On the upside
First quarter earnings slipped for Coca-Cola (NYSE: KO) but the results topped analyst estimates and the world's largest beverage maker announced plans to refranchise its bottling business.
Citigroup (NYSE: C) introduced its new Pulse 2.0 upgraded corporate foreign-exchange electronic trading platform.
Shares of Halcon Resources (NYSE: HK) rose after providing an operational update yesterday.
On the downside
The Food and Drug Administration requested additional data from Sarepta Therapeutics (Nasdaq: SRPT) for its Duchenne Muscular Dystrophy drug eteplirsen.
Joe's Jeans (Nasdaq: JOEZ) fell to a loss for the first quarter.
Netgear (Nasdaq: NTGR) lowered its first quarter earnings and revenue outlook.
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 index climbed 10 points to 1563.
