The markets extended its gains during the midday with the Dow leaping 133 points to 14,733 as gold prices rebounded. Nasdaq surged 42 points to 3258.
On the upside
UniPixel (Nasdaq: UNXL) partnered with Eastman Kodak to scale up production of its next generation UniBoss touch sensors.
Shares of Acorda Therapeutics (Nasdaq: ACOR) continued rising after reporting positive results from a midstage clinical trial of Ampyra yesterday.
Bloomberg News reported that J.C. Penney (NYSE: JCP) was analyzing different scenarios to raise capital using its real estate holdings.
On the downside
Pep Boys - Manny, Moe & Jack (NYSE: PBY) widened fourth quarter losses.
First quarter earnings rose for U.S. Bancorp (NYSE: USB) but revenue fell to miss analyst expectations.
Shares of Yahoo (Nasdaq: YHOO) slipped ahead of its earnings release after market close.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 2 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 index soared 19 points to 1571.
