The markets extended its gains during the midday with the Dow soaring 151 points to 15,918 as investors snapped up bargains. Nasdaq gained 24 points to 4,496.
On the upside
Ultra Petroleum (NYSE: UPL) will webcast their fourth quarter financial results on Thursday, February 18, at 11:00am Eastern Standard Time.
Westport Innovations (Nasdaq: WPRT) extended its gains.
Baytex Energy (NYSE: BTE) chief executive James Bowzer will present at the CIBC Whistler Institutional Investor Conference this afternoon.
On the downside
Engility Holdings (NYSE: EGL) forecast lower fiscal 2016 earnings.
Retreating gold prices weighed down shares of Gold Fields (NYSE: GFI) and IAMGOLD (NYSE: IAG).
Texas Capital BancShares (Nasdaq: TCBI) disappointed with lower fourth quarter earnings that fell short of analyst expectations.
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 climbed 17 points to 1,877. Bitcoin fell $9 to $407.
