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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
02/11/201610:18:03Statement of Changes in Beneficial Ownership (4)
02/10/201610:25:25Amended Statement of Ownership (sc 13g/a)
02/10/201610:17:35Amended Statement of Ownership (sc 13g/a)
02/05/201616:27:17Initial Statement of Beneficial Ownership (3)
02/05/201616:24:35Initial Statement of Beneficial Ownership (3)
02/05/201616:17:10Initial Statement of Beneficial Ownership (3)
02/04/201616:57:38Current Report Filing (8-k)
02/04/201615:08:04Statement of Changes in Beneficial Ownership (4)
02/04/201614:46:47Statement of Changes in Beneficial Ownership (4)
02/04/201611:47:09Statement of Changes in Beneficial Ownership (4)
02/01/201617:31:28Amended Current Report Filing (8-k/a)
02/01/201610:30:00Alcoa Reaches Deal With Elliott on Board Members
02/01/201609:57:16Amended Statement of Beneficial Ownership (sc 13d/a)
02/01/201609:00:00Alcoa to Appoint Three New Directors to Its Board
01/28/201608:30:00Alcoa Wins Fourth Boeing Contract in String of Recent Deals
01/25/201611:00:00Elliott Boosts Alcoa Stake to 7.3%
01/25/201609:07:42Amended Statement of Beneficial Ownership (sc 13d/a)
01/22/201606:10:54Current Report Filing (8-k)
01/21/201616:44:34Statement of Changes in Beneficial Ownership (4)
01/21/201616:43:15Statement of Changes in Beneficial Ownership (4)

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