Wall Street Has Strong Day as Dow Touches Intraday High (FSLR, JCP)

Markets rose for the second consecutive day Tuesday as the Dow briefly reached a new all-time high of 14,716.46. Investors' first impressions of the earnings season were positive, with blue-chip tech stocks seeing solid gains. Shares of First Solar (FSLR) shot up almost 50% as the company announced that it expects 2013 earnings to blow away analyst predictions. On the down side, J.C. Penney (JCP) slid 12% on news that CEO Ron Johnson was relieved of his duties by the board.
Investors will be looking for hints Wednesday about the future of quantitative easing as the Fed is expected to release its latest meeting minutes.

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Published on Apr 9, 2013
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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