Rising home prices along with rebounding crude oil prices sent the markets soaring to a sharply higher close with the Dow jumping 192 points to 17,720. Nasdaq leaped 66 points to 5,107.
On the upside
Michael Goode tweeted that Small Cap Traders was paid to promote Inventergy Global (Nasdaq: INVT).
Leon Cooperman of Omega Advisors acquired a 12.7% stake in Resource America (Nasdaq: REXI).
Recovering crude oil prices lifted shares of Denbury Resources (NYSE: DNR).
On the downside
China Information Technology (Nasdaq: CNIT) stock extended its losses.
Motley Fool named Kinder Morgan (NYSE: KMI) as one of three worst performing high-yield dividend stocks of 2015.
Investors locked in profits on Southwestern Energy (NYSE: SWN).
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 leaped 21 points to 2,078. Bitcoin edged up a fraction to $429.
