Higher open on upbeat earnings

|

The markets opened higher with the Dow climbing 99 points to 24,582 on upbeat earnings. Nasdaq gained 39 points to 7179.


On the upside


Alaska Air Group (NYSE: ALK) reported higher traffic and capacity for March. 


Rising gold prices lifted shares of Gold Fields (NYSE: GFI) and IAMGOLD (NYSE: IAG).


Shares of Turtle Beach (Nasdaq: HEAR) extended its gains.

 

On the downside 


Zillow (Nasdaq: Z) will begin buying and selling homes in Phoenix and Las Vegas.


Infosys (NYSE: INFY) will acquire consumer insights agency WONGDOODY.


Stifel downgraded Glaukos (NYSE: GKOS) from a Buy rating to a Hold rating and cut its price target from $39.00 to $32.00.


In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 gained 13 points to 2,676. Bitcoin soared $282 to $8,113.


About this Entry

This page contains a single entry by published on April 13, 2018 6:55 AM.

Drop in jobless claims boosts markets was the previous entry in this blog.

Heinz uses Twitter poll for mayochup is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 5.12