The markets extended its gains during the midday with the Dow leaping 199 points to 17,905 as wholesale prices edged up. Nasdaq climbed 46 points to 4,796.
On the upside
First quarter earnings for SodaStream International (Nasdaq: SODA) surpassed analyst expectations by a wide margin.
Akorn (Nasdaq: AKRX) completed the restatement of its 2014 financial statements.
Platform Specialty Products (NYSE: PAH) reported a smaller than expected loss for the first quarter.
On the downside
Fiesta Restaurant Group (Nasdaq: FRGI) disappointed with lower first quarter earnings that fell short of expectations.
SolarEdge Technologies (Nasdaq: SEDG) reported lower third quarter earnings and forecast current quarter revenue below estimates.
First quarter earnings dropped for PRA Group (Nasdaq: PRAA) prompting a downgrade.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 surged 21 points to 2,079. Bitcoin lost $4 to $451.
