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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)
07/29/201617:26:58Quarterly Report (10-q)
07/28/201617:14:22Additional Proxy Soliciting Materials (definitive) (defa14a)
07/28/201609:42:00U.S. Hot Stocks: Hot Stocks to Watch
07/27/201619:20:00Alcoa to Seek 1-for-3 Reverse Stock Split
07/27/201617:22:42Additional Proxy Soliciting Materials (definitive) (defa14a)
07/27/201617:19:46Additional Proxy Soliciting Materials (definitive) (defa14a)
07/27/201617:16:38Additional Proxy Soliciting Materials (definitive) (defa14a)
07/27/201617:16:38Current Report Filing (8-k)
07/27/201617:08:00Alcoa Announces Plan for 1-for-3 Reverse Stock Split
07/27/201617:03:13Proxy Statement - Notice of Shareholders Meeting (preliminary...
07/22/201611:17:00Alcoa Board Approves Quarterly Dividends
07/21/201609:47:35Statement of Changes in Beneficial Ownership (4)
07/15/201608:07:08Statement of Changes in Beneficial Ownership (4)
07/15/201608:05:06Statement of Changes in Beneficial Ownership (4)
07/13/201615:28:00MARKET SNAPSHOT: U.S. Stocks Sputter After Historic Rally To...
07/13/201613:48:00MARKET SNAPSHOT: U.S. Stocks Take A Breather In Wake Of Record-setting...
07/13/201610:37:00MARKET SNAPSHOT: Stocks Struggle To Extend Record-setting Rally
07/13/201610:09:00MARKET SNAPSHOT: Stocks Struggle To Extend Record-setting Rally
07/13/201610:08:00MARKET SNAPSHOT: Stocks Struggle To Extend Record-setting Rally
07/13/201610:07:00MARKET SNAPSHOT: Stocks Struggle To Extend Record-setting Rally

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