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MARKET SNAPSHOT: U.S. Stocks Open Higher On Alcoa's Surprise

By Kate Gibson, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks opened sharply higher Wednesday, bouncing back after a five-session losing run, with aluminum maker Alcoa Inc.'s unexpected first-quarter profit cheering investors. The Dow Jones Industrial Average (DJI) rose 109.4 points to 12,825.30, as shares of Alcoa (AA) rose the most among its 30 components, rallying 7.7%. The S&P 500 Index (SPX) gained 13.06 points to 1,371.65. The Nasdaq Composite (RIXF) added 24.89 points to 3,016.11. For every stock declining roughly eight gained on the New York Stock Exchange, where nearly 90 million shares traded as of 9:50 a.m. Eastern.

Stock News for Alcoa (AA)
10/08/201517:10:00Alcoa Profit Falls on Aluminum-Price Slide
10/08/201516:03:00Alcoa Reports Third Quarter 2015 Profit
10/08/201511:43:00Global Stocks Edge Lower as Investors Await Fed Minutes
10/07/201509:33:38Current Report Filing (8-k)
10/07/201509:29:00Alcoa Wins Titanium Contract with Lockheed Martin for F-35 Joint...
10/06/201513:00:00Alcoa Promotes Vas Nair to Executive Vice President, Human Resources...
10/06/201507:30:00Roy Harvey Assumes Leadership of Alcoa’s Global Primary Products G...
10/05/201516:00:00Alcoa Wins $1 Billion Parts Deal With Airbus
10/05/201514:48:08Initial Statement of Beneficial Ownership (3)
10/05/201508:30:00Alcoa Signs Contract with Airbus for High-Tech, Multi-Material...
10/02/201512:19:27Statement of Changes in Beneficial Ownership (4)
10/02/201512:17:05Statement of Changes in Beneficial Ownership (4)
10/02/201512:15:48Statement of Changes in Beneficial Ownership (4)
10/02/201512:08:25Statement of Changes in Beneficial Ownership (4)
10/02/201512:06:59Statement of Changes in Beneficial Ownership (4)
10/02/201512:04:37Statement of Changes in Beneficial Ownership (4)
10/02/201512:03:09Statement of Changes in Beneficial Ownership (4)
10/02/201512:00:54Statement of Changes in Beneficial Ownership (4)
10/02/201511:14:37Initial Statement of Beneficial Ownership (3)
10/01/201508:30:00Alcoa to Host Webcast of Third Quarter 2015 Results

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