Markets rocket higher as Bank of Japan increases stimulus

Increasing stimulus measures by the Bank of Japan sent the markets soaring to a sharply higher close with the Dow rocketing 195 points to 17,390. Nasdaq jumped 64 points to 4,630.

On the upside

YRC Worldwide (Nasdaq: YRCW) swung to a greater than expected profit for the third quarter prompting an upgrade.

Mercadolibre (Nasdaq: MELI) reported higher third quarter earnings and revenue that surpassed analyst expectations.

Brightcove (Nasdaq: BCOV) reported a narrower than expected loss for the third quarter.

On the downside

Audience (Nasdaq: ADNC) widened third quarter losses and forecast current quarter results below estimates.

Moneygram International (Nasdaq: MGI) fell to a larger than expected loss for the third quarter.

Bottomline Technologies (Nasdaq: EPAY) reported a loss for the first quarter.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 soared 23 points to 2018. Bitcoin fell $10 to $337.