The markets closed sharply higher with the Dow soaring 110 points to 17,972 on rising crude oil prices and a ceasefire agreement in eastern Ukraine. Nasdaq surged 56 points to 4,857.
On the upside
Shares of Genetic Technologies (Nasdaq: GENE) surged on no news.
NetSol Technologies (Nasdaq: NTWK) narrowed second quarter losses as revenue rose.
Luxoft Holding (NYSE: LXFT) reported higher third quarter earnings and revenue.
On the downside
Fourth quarter earnings fell for Panera Bread (Nasdaq: PNRA) and the bakery-cafe warned of lower 2015 earnings.
Oceaneering International (NYSE: OII) reported higher fourth quarter earnings but revenue fell short of expectations and the company lowered its full year earnings guidance.
Amber Road (NYSE: AMBR) narrowed losses for the fourth quarter but the company forecast current quarter and full year results below expectations.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 surged 19 points to 2088. Bitcoin added $2 to $220.
Ukrainian ceasefire lifts markets
February 12, 2015 at 16:38 PM EST