Markets extend gains as oil rises

The markets extended its gains during the midday with the Dow climbing 92 points to 17,955 as crude oil prices rose. Nasdaq soared 50 points to 4,851.

On the upside

Rising crude oil prices lifted shares of FX Energy (Nasdaq: FXEN).

FireEye (Nasdaq: FEYE) widened losses for the fourth quarter but the results were better than expected as revenue soared.

comScore (Nasdaq: SCOR) entered a strategic alliance with WPP to deploy and create new global measurement capabilities.

On the downside

Bunge (NYSE: BG) disappointed with lower fourth quarter earnings and revenue that fell far short of analyst expectations.

Costco (Nasdaq: COST) will end its exclusive sixteen-year relationship with American Express (NYSE: AXP).

Third quarter earnings and revenue fell for NetApp (Nasdaq: NTAP) to miss analyst expectations and the company forecast current quarter results below estimates.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 soared 16 points to 2085. Bitcoin added $2 to $220.
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