The markets opened sharply higher on upbeat earnings news as the Dow surged 172 points to 12,792. The tech-heavy Nasdaq leaped 42 points to 2384.
On the upside
In the broad market, advancing issues outpaced decliners by
a margin of more than 5 to 1 on the NYSE and by nearly 5 to 1 on
Nasdaq. The Russell 2000 which tracks small cap stocks climbed 11 points to 719.