The rising euro sent the markets soaring to a sharply higher close with the Dow rocketing 228 points to 17,977. Nasdaq leaped 57 points to 4,929.
On the upside
Sterling Construction (Nasdaq: STRL) narrowed losses for the fourth quarter and amended its credit facility.
Bezinga noted that Maxim has a Buy rating on Cytori Therapeutics (Nasdaq: CYTX) with a $7 price target.
Shares of Martha Stewart Living Omnimedia (NYSE: MSO) continued rising.
On the downside
Progenics Pharmaceuticals (Nasdaq: PGNX) widened fourth quarter losses.
Bank of America downgraded DuPont (NYSE: DD) from a Buy rating to a Neutral rating.
Falling crude oil prices weighed down shares of Swift Energy (NYSE: SFY).
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 5 to 4 on Nasdaq. The broader S&P 500 surged 27 points to 2081. Bitcoin rose $4 to $288.
Markets soar as euro strengthens
March 16, 2015 at 17:28 PM EDT