The markets surged to close sharply higher with the Dow leaping 187 points to 17,908 as China's exports climbed more than expected last month. Nasdaq jumped 75 points to 4,947.
On the upside
Tsinghua Unigroup has acquired a 6% stake in Lattice Semiconductor (Nasdaq: LSCC).
Shares of Brazilian steel company Companhia Siderurgica Nacional (NYSE: SID) climbed as Brazil moved closer to impeaching President Dilma Rousseff.
Emcore (Nasdaq: EMKR) received a favorable ruling from the International Court of Arbitration tribunal related to its ongoing dispute with Sumitomo Electric Industries.
On the downside
Retreating crude oil prices weighed down share of EP Energy (NYSE: EPE) and Legacy Reserves (Nasdaq: LGCY).
Zacks Equity Research downgraded Whiting Petroleum (NYSE: WLL) to a Strong Sell rating.
Retreating gold prices weighed down shares of Kinross Gold (NYSE: KGC).
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 soared 20 points to 2,082. Bitcoin held steady at $422.
