Another Dow Record As Investor Confidence Grows

It was another record close for the Dow with the blue chip index leaping 123 points to 15,215 as investor confidence gained momentum. Nasdaq climbed 23 points to 3462.

On the upside

TearLab (Nasdaq: TEAR) narrowed first quarter losses as revenue surged.

First quarter earnings fell for InterOil (NYSE: IOC) but revenue rose.

PDI (Nasdaq: PDII) swung to an unexpected profit for the first quarter as revenue climbed.

On the downside

SolarCity (Nasdaq: SCTY) fell to a greater than expected loss for the first quarter.

Opexa Therapeutics (Nasdaq: OPXA) widened first quarter losses as expenses climbed.

Mechel (NYSE: MTL) extended its losses after reporting lower coal production on Monday.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 index soared 16 points to 1650.

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