A stronger than expected 0.7% gain in March industrial production boosted the markets during the midday with the Dow surging 125 points to 16,388. Nasdaq climbed 39 points to 4,073.

On the upside 

Calcalist reported that SodaStream International (Nasdaq: SODA) engaged in discussions to sell up to a 16% stake in the company.

Goldman Sachs upgraded SouFun Holdings (NYSE: SFUN) from a Neutral rating to a Buy rating.

Shares of Weatherford (NYSE: WFT) rose as oil rig counts continued climbing.

On the downside

Bank of America (NYSE: BAC) blamed significant legal expenses for falling to a loss for the first quarter.

Agnico Eagle Mines (NYSE: AEM) and Yamana Gold (NYSE: AUY) will jointly acquire Osisko Mining.

First quarter earnings fell for CSX (NYSE: CSX) and the railroad company warned that severe winter weather would continue to negatively impact current quarter earnings.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by a margin of nearly 5 to 2 on Nasdaq. The broader S&P 500 rose 9 points to 1852. Bitcoin added $4.10 or 0.81% to $510.10.

The Chinese economy expanded at a greater than expected pace of 7.4% in the first quarter to lift the markets to a sharply higher open with the Dow soaring 98 points to 16,360. Nasdaq gained 28 points to 4,062.

On the upside 

Zalicus (Nasdaq: ZLCS) will merge with Epirus Biopharmaceuticals.

A district court issued an injunction prohibiting Massachusetts from banning the sale of Zogenix's (Nasdaq: ZGNX) pain medication Zohydro.

Yahoo (Nasdaq: YHOO) reported lower first quarter earnings but the results topped analyst estimates.

On the downside

xG Technology (Nasdaq: XGTI) priced its public offering of 5.265 million common shares at the discounted price of $1.90 per share.

Linear Technology (Nasdaq: LLTC) reported higher third quarter earnings and revenue but revenue fell short of expectations.

First quarter earnings soared for ASML Holdings (Nasdaq: ASML) but the company warned of slowing revenue in the current quarter and lowered its sales guidance for the first half of the year.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 1 on the NYSE and by a margin of nearly 7 to 2 on Nasdaq. The broader S&P 500 rose 9 points to 1852. Bitcoin edged up $1.29 or 0.26% to $507.29.

Markets Recover In Late Afternoon

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The markets recovered in late afternoon trading to close higher with the Dow climbing 89 points to 16,262. Nasdaq rose 11 points to 4,034.

On the upside 

NQ Mobile (NYSE: NQ) repurchased its stock in the aftermath of a sharp drop due to disappointing results.

Twitter (NYSE: TWTR) paid an undisclosed sum for data partner Gnip.

Splunk (Nasdaq: SPLK) introduced the Splunk App for VMware.

On the downside

Comverse (Nasdaq: CNSI) reported lower fourth quarter revenue that fell short of analyst expectations.

Arrowhead Research (Nasdaq: ARWR) extended its losses.

Zebra Technologies (Nasdaq: ZBRA) will fund its $3.45 billion cash acquisition of Motorola Solutions' enterprise business through new debt.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while decliners edged out advancers by a slim margin of 10 to 9 on Nasdaq. The broader S&P 500 gained 12 points to 1842. Bitcoin rose $10.00 or 1.98% to $516.00.

Sell-Off Resumes

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The sell-off resumed in earnest with the Dow losing 93 points to 16,079 while the tech-heavy Nasdaq tumbled 67 points to 3,954.

On the upside 

Two 10% beneficial owners of Conn's (Nasdaq: CONN) purchased shares of company stock.

Coca-Cola (NYSE: KO) reported lower first quarter earnings and revenue but revenue topped analyst estimates.

Sears Holdings (Nasdaq: SHLD) appointed Arun Arora to the position of senior vice president and president of Home Services.

On the downside

Gevo (Nasdaq: GEVO) reported a loss for the year.

Brink's (NYSE: BCO) warned of a significant write down in the first quarter due to a change from Venezuela's official exchange rate to the SICAD II floating rate.

Pep Boys (NYSE: PBY) reported an unexpected loss for the fourth quarter as revenue fell.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 1 on Nasdaq. The broader S&P 500 lost 11 points to 1818. Bitcoin gained $44.36 or 9.73% to $500.45.

The markets opened mixed with the Dow adding 3 points to 16,177 while Nasdaq fell 17 points to 4004 as consumer prices rose more than expected in March. 

On the upside 

Micron Technology (Nasdaq: MU) and Wave Systems (Nasdaq: WAVX) expanded their partnership to improve protection against emerging threats to connected devices.

Highpower International (Nasdaq: HPJ) will supply Sony with battery products.

FX Energy (Nasdaq: FXEN) reported sample core data that exceeded its expectations at the Tuchola-4K well and will run a drill stem test of the additional 70 meter open interval that was drilled.

On the downside

Dilutions concerns weighed down shares of National Bank of Greece (NYSE: NBG).

Aaron's (NYSE: AAN) will pay approximately $700 million in cash to acquire Progressive Finance Holdings and has rejected a $30.50 per share acquisition offer from Vintage Capital Management.

Infosys (NYSE: INFY) reported higher fourth quarter earnings but revenue fell short of expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 added a point to 1831. Bitcoin gained $35.90 or 7.87% to $492.00.

The markets surged to close sharply higher with the Dow jumping 146 points to 16,173 as March retail sales climbed more than expected. Nasdaq gained 22 points to 4022. 

On the upside 

UBS initiated coverage of Akebia Therapeutics (Nasdaq: AKBA) with a Buy rating.

Janney Capital upgraded Bebe Stores (Nasdaq: BEBE) from a Neutral rating to a Buy rating.

Shares of Cash America International (NYSE: CSH) continued rising.

On the downside

SMTC (Nasdaq: SMTX) fell to a loss for the fourth quarter.

Retrophin (Nasdaq: RTRX) raised its revenue forecast for 2014 and 2015 but reported that the Food and Drug Administration refused to grant a clinical trial for RE-024 as an Investigational New Drug.

Northwest Biotherapeutics (Nasdaq: NWBO) entered an agreement to sell more than 2.27 million common shares at $6.60 to an institutional investor.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 climbed 14 points to 1829. Bitcoin soared $52.56 or 12.98% to $457.32.

The markets continued to advance during the midday with the Dow leaping 123 points to 16,150 on strong March retail sales. Nasdaq climbed 29 points to 4029. 

On the upside 

Endurance Specialty Holdings offered a premium of approximately $3.2 billion to acquire Aspen Insurance (NYSE: AHL).

The Wall Street Transcript interviewed Stillwater Mining (NYSE: SWC) chief executive Mick McMullen.

JA Solar Holdings (Nasdaq: JASO) expects first quarter shipments to surpass its previous forecast.

On the downside

Shares of NQ Mobile (NYSE: NQ) extended its losses.

Ericsson (Nasdaq: ERIC) announced the resignation of Senior Vice President and Head of Group Function Strategy Douglas Gilstrap effective August 1, 2014.

Shares of Eagle Bulk Shipping (Nasdaq: EGL) continued falling.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 climbed 13 points to 1828. Bitcoin soared $59.02 or 14.58% to $463.80.

March retail sales increased more than expected to lift the markets to a higher open with the Dow climbing 80 points to 16,106. Nasdaq gained 17 points to 4016. 

On the upside 

Goodrich Petroleum (NYSE: GDP) completed its Blades 33H-1 well in Tangipahoa Parish, Louisiana with a peak production rate to 1,270 barrels of oil equivalent per day.

A federal court ordered a preliminary injunction that limits sales of Medtronic's (NYSE: MDT) CoreValve system because CoreValve willfully infringed on an Edwards Lifesciences (NYSE: EW) patent.

WebMD Health (Nasdaq: WBMD) expects first quarter earnings to top its previous forecast.

On the downside

Reuters reported that Goldman Sachs and Morgan Stanley would coordinate the equity offering of National Bank of Greece (NYSE: NBG) to cover a 2.18 billion euro capital shortfall.

Antero Resources (NYSE: AR) provided an operations update for the first quarter.

Highpower International (Nasdaq: HPJ) announced a registered direct offering of 1 million common shares at the discounted price of $5.05 per share to several institutional investors.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 gained 9 points to 1824. Bitcoin climbed $43.32 or 10.70% to $448.10.

Weak earnings sent the markets tumbling to a sharply lower close with the Dow plunging 143 points to 16,026. Nasdaq plummeted 54 points to 3999. 

On the upside 

Shares of Zoe's Kitchen (NYSE: ZOES) leaped on its first trading day.

Enable Midstream Partners (NYSE: ENBL) stock soared in its market debut.

BMO Capital Markets upgraded JAKKS Pacific (Nasdaq: JAKK) from a Market Perform rating to an Outperform rating.

On the downside

Financial Times reported that the Federal Bureau of Investigation and the Department of Justice have been investigating Herbalife (NYSE: HLF) for possible criminal activity.

JPMorgan Chase (NYSE: JPM) disappointed with lower first quarter earnings and revenue that fell short of analyst expectations.

Documents that were released this afternoon indicated that current General Motors (NYSE: GM) chief executive Mary Barra was informed about safety concerns in 2011 about the Saturn Ion and Chevrolet Cobalt.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 tumbled 17 points to 1815. Bitcoin climbed $47.86 or 12.87% to $419.64.

The markets traded lower during the midday with the Dow falling 80 points to 16,090 as corporate earnings disappointed. Nasdaq lost 20 points to 4033. 

On the upside 

Shares of Phibro Animal Health (Nasdaq: PAHC) climbed in its market debut.

Zacks Equity Research noted that Thompson Creek Metals (NYSE: TC) had potential to continue climbing.

Diamondback Energy (Nasdaq: FANG) reported a 30% increase in first quarter production prompting Mizhuo Financial to lift its price target from $74 to $80.

On the downside

Wall St. Cheat Sheet recommended that investors sell J.C. Penney (NYSE: JCP) stock.

Datawatch (Nasdaq: DWCH) warned of losses for the second quarter.

TTM Technologies (Nasdaq: TTMI) updated its first quarter revenue guidance to the low end of its previous forecast.

In the broad market, declining issues outpaced advancers by a margin of 5 to 3 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 lost 7 points to 1825. Bitcoin climbed $44.04 or 11.86% to $415.42.

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