The markets extended its gains during the midday with the Dow surging 172 points to 17,935 as crude oil prices advanced. Nasdaq soared 39 points to 4,926.
On the upside
Climbing crude oil prices lifted shares of oilfield services firm Halliburton (NYSE: HAL).
Shares of Denbury Resources (NYSE: DNR) and Halcon Resources (NYSE: HK) rose as crude oil prices climbed.
Rising gold prices lifted shares of Seabridge Gold (NYSE: SA).
On the downside
Resonant (Nasdaq: RESN) announced the termination of development agreement with its first commercial customer.
Investors continued to lock in profits on Genetic Technologies (Nasdaq: GENE).
Profit taking weighed down shares of OvaScience (Nasdaq: OVAS).
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 climbed 19 points to 2086. Bitcoin held steady at $256.
Markets soar as crude oil advances
April 06, 2015 at 14:23 PM EDT