Markets Soar On Fed Reassurances

Reassurances that the Federal Reserve would continue its stimulus measures sent the markets soaring to a sharply higher close with the Dow leaping 169 points to close at a record 15,460. Nasdaq jumped 57 points to 3578.

On the upside

PLDT deployed Ciena's (Nasdaq: CIEN) 5410 Packet-Optical Reconfigurable Switch System and OneConnect Intelligent Control Plane software.

Rising gold prices lifted shares of Eldorado Gold (NYSE: EGO) and Randgold Resources (Nasdaq: GOLD).

The Securities and Exchange Commission ended its investigation into IntraLinks (NYSE: IL) with no enforcement action.

On the downside

Amarin (Nasdaq: AMRN) stock continued falling after announcing a public offering of 21.7 million American Depositary Shares on Monday after market close.

Debtwire reported that RadioShack (NYSE: RSH) was exploring the possibility of hiring a financial advisor.

TheStreet Ratings affirmed its Buy rating on Regions Financial (NYSE: RF).

In the broad market, advancing issues outpaced decliners by a margin of more than 6 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 index surged 22 points to 1675.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here