Durable goods orders surged in April to lift the markets to a higher open with the Dow climbing 91 points to 10,135. Nasdaq soared 38 points to 2249.
On the upside
Vertex Pharmaceuticals (Nasdq: VRTX) reported positive results from a late stage clinical trial of its hepatitis C treatment telaprevir.
First quarter earnings for Solarfun Power Holdings (Nasdaq: SOLF) surged to beat analyst estimates by a wide margin as revenue soared prompting the photovoltaic cell maker to lift its full year shipment outlook.
Woori Finance Holdings will pay up to $240 million to acquire a controlling stake in Hanmi Financial (Nasdaq: HAFC).
On the downside
