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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)
DateTimeHeadline
05/16/201616:40:51Current Report Filing (8-k)
05/12/201616:03:00Alcoa Announces Executive Appointments
05/11/201617:20:58Current Report Filing (8-k)
05/05/201618:33:00Alcoa Declares Dividend on Mandatory Convertible Preferred Stock
05/05/201618:12:44Quarterly Report (10-q)
05/02/201614:00:00Alcoa Reaches Power Agreement to Improve Competitiveness of Intalco...
04/29/201608:30:00Alcoa to Host Webcast of Annual Meeting of Shareholders
04/26/201607:48:05Statement of Changes in Beneficial Ownership (4)
04/22/201606:06:39Current Report Filing (8-k)
04/20/201615:21:54Statement of Changes in Beneficial Ownership (4)
04/20/201615:19:41Statement of Changes in Beneficial Ownership (4)
04/19/201608:14:00Plane Makers' Employees Buffeted Despite Booming Orders
04/17/201620:06:00Big Business Speaks Up on Social Issues
04/15/201606:04:04Current Report Filing (8-k)
04/13/201617:54:00Banks Lead Rally in Stocks
04/12/201615:25:00MARKET SNAPSHOT: U.S. Stocks Extend Rally As Crude Oil Soars...
04/12/201613:38:00MARKET SNAPSHOT: Dow Climbs 150 Points As Soaring Oil Revs Up...
04/12/201613:37:00MARKET SNAPSHOT: Dow Climbs 150 Points As Soaring Oil Revs Up...
04/12/201613:30:00MARKET SNAPSHOT: Dow Climbs 150 Points As Soaring Oil Revs Up...
04/12/201611:36:00MARKET SNAPSHOT: Dow Climbs 150 Points As Soaring Oil Revs Up...

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