Markets soar as euro strengthens

The rising euro sent the markets soaring to a sharply higher close with the Dow rocketing 228 points to 17,977. Nasdaq leaped 57 points to 4,929.

On the upside

Sterling Construction (Nasdaq: STRL) narrowed losses for the fourth quarter and amended its credit facility.

Bezinga noted that Maxim has a Buy rating on Cytori Therapeutics (Nasdaq: CYTX) with a $7 price target.

Shares of Martha Stewart Living Omnimedia (NYSE: MSO) continued rising.

On the downside

Progenics Pharmaceuticals (Nasdaq: PGNX) widened fourth quarter losses.

Bank of America downgraded DuPont (NYSE: DD) from a Buy rating to a Neutral rating.

Falling crude oil prices weighed down shares of Swift Energy (NYSE: SFY).

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 5 to 4 on Nasdaq. The broader S&P 500 surged 27 points to 2081. Bitcoin rose $4 to $288.
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