A late afternoon rally lifted the markets to a higher close with the Dow climbing 123 points to 9939. Nasdaq slipped 3 points to 2170.
On the upside
Tech Resources (NYSE: TCK) chief executive Don Lindsay reassured investors that demand for base metals remains steady.
TheStreet.com said that Southern Copper (NYSE: SCCO) has an attractive forward price-to-earnings ratio after the stock price tumbled over the last month.
Pactiv (NYSE: PTV) presented at the J.P. Morgan Diversified Industries Conference this morning.
On the downside
C&D Technologies (NYSE: CHP) reported a loss for the first quarter.
Goldman Sachs downgraded Transocean (NYSE: RIG).
Susquehanna analyst Chris Caso initiated coverage of Nvidia (Nasdaq: NVDA) with a negative rating.
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE while decliners edged out advancers by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks eased a fraction to 617.
