The markets traded higher during the midday with the Dow rising 42 points to 16,500 as the nation's manufacturing activity edged up in March. Nasdaq soared 41 points to 4240.
On the upside
JP Morgan upgraded Rubicon Technology (Nasdaq: RBCN) from a Neutral rating to an Overweight rating and lifted its price target from $12 to $14.
Shares of 58.com (NYSE: WUBA) extended its gains.
Investor's Business Daily listed Pacific Ethanol (Nasdaq: PEIX) as the top alternative energy stock that beat analyst earnings expectations by the widest margin.
On the downside
Investors locked in profits on BioFuel Energy (Nasdaq: BIOF).
YOU On Demand (Nasdaq: YOD) widened losses for the 2013 year.
Shares of Prana Biotechnology (Nasdaq: PRAN) continued falling.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 rose 6 points to 1878. Bitcoin gained $32.55 or 7.18% to $486.11.