Optimism that China will announce additional economic stimulus measures sent the markets soaring to a sharply higher close with the Dow leaping 125 points to 12,580. Nasdaq surged 33 points to 2870.
On the upside
An InvestorVillage contributor noted that Microvision (Nasdaq: MVIS) was an undervalued growth company.
Rising polysilicon prices lifted shares of MEMC Electronic Materials (NYSE: WFR).
Santarus (Nasdaq: SNTS) will present at the Jefferies 2012 Global Healthcare Conference on Tuesday, June 5.
On the downside
Shares of Talbots (NYSE: TLB) continued falling after announcing on Friday that Sycamore Partners ended acquisition discussions with the women's apparel retailer.
William Blair downgraded Complete Genomics (Nasdaq: GNOM).
Cleveland Research said that April same store sales slowed for Tractor Supply (Nasdaq: TSCO).
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks leaped 10 points to 777.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here