President Donald Trump's speech last night promoting economic growth boosted the markets to a sharply higher open with the Dow leaping 237 points to 21,049. Nasdaq climbed 57 points to 5,883.
On the upside
Vizient awarded Skyline Medical (Nasda: SKLN) an Innovative Technology contract for the STREAMY System.
The Food and Drug Administration accepted for review Dynavax's (Nasdaq: DVAX) responses to the FDA's Complete Response Letter for the Biologics License Application for HEPLISAV-B.
Weight Watchers (NYSE: WTW) reversed year ago losses to post a stronger than expected profit for the fourth quarter.
On the downside
Palo Alto Networks (NYSE: PANW) widened losses for the second quarter and cut its current quarter forecast.
Babcock & Wilcox Enterprises (NYSE: BW) widened fourth quarter losses significantly as revenue tumbled.
American Eagle Outfitters (NYSE: AEO) reported lower fourth quarter earnings and warned of lower same store sales for the current quarter.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 index soared 24 points to 2,388. Bitcoin leaped $30 to $1,216.
