Possible progress in Greek negotiations boosted the markets to a sharply higher close with the Dow leaping 236 points to 18,000. Nasdaq soared 62 points to 5,076.
On the upside
DS Healthcare Group (Nasdaq: DSKX) introduced its over-the-counter tablet Integra to thicken hair and improve hair health.
Sigma Designs (Nasdaq: SIGM) narrowed first quarter losses more than expected as revenue soared.
Bloomberg reported that Vale (NYSE: VALE) chief executive Murilo Ferreira expects Chinese iron ore demand to increase in the second half of 2015.
On the downside
MannKind (Nasdaq: MNKD) chief financial officer Matthew J. Pfeffer said that its inhaled insulin Afrezza is still not at the break even point.
Investors continued to lock in profits on Oculus Innovative Sciences (Nasdaq: OCLS).
Vimicro International (Nasdaq: VIMC) reported a loss for the first quarter.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 soared 25 to 2105. Bitcoin eased a fraction to $228.
Possible progress with Greece boosts markets
June 10, 2015 at 19:44 PM EDT