Strong earnings and rising crude oil prices sent the markets soaring to a sharply higher open with Dow rocketing 230 points to 18,056. Nasdaq climbed 45 points to 4,976.
On the upside
Genetic Technologies (Nasdaq: GENE) announced that two additional breast health centers will offer BREVAGenplus to their patients.
Hasbro (Nasdaq: HAS) reported lower first quarter earnings but the results were better than expected.
Shares of Vimicro International (Nasdaq: VIMC) continued to climb ahead of its presentation at the Industrial Securities 2015 Greater China Investment Forum on Wednesday, April 22.
On the downside
Iconix Brand Group (Nasdaq: ICON) announced the resignation of chief operating officer Seth Horowitz.
Caesars Entertainment (Nasdaq: CZR) subsidiary Caesars Entertainment Operating Co. requested an additional six months to file its bankruptcy plan.
Royal Caribbean Cruises (NYSE: RCL) reported higher first quarter earnings but revenue fell to miss expectations and the company lowered its full year earnings outlook.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 climbed 19 points to 2100. Bitcoin added $1 to $222.
