Stocks Open Higher In Firm Trade; MagnaChip Retakes Buy Point
Stocks jumped at the open Wednesday, as the dollar dipped and overseas markets booked solid gains. The Nasdaq led, grabbing a 0.7% gain. The S&P 500 rose 0.6% and the Dow Jones industrial average tacked on 0.5%. Volume rose for the first time this week, up 25% on the Nasdaq and 4% on the NYSE compared with the same time Tuesday. Optimism appeared to gain within global markets toward a possible fix for financial struggles in Cyprus, lifting markets
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