May consumer sentiment climbed to lift the markets to a sharply higher close with the Dow jumping 106 points to set another record close a 15,409. Nasdaq gained 29 points to 3488.
On the upside
Goldman Sachs analyst Patrick Archambault toured Tesla Motors' (Nasdaq: TSLA) production facility in Fremont, CA and expects 500,000 vehicles to be sold in the long term.
Shares of Hanwha SolarOne (Nasdaq: HSOL) climbed ahead of its earnings release before market open on Thursday, May 30, 2013.
Sinovac Biotech (Nasdaq: SVA) narrowed first quarter losses as sales of its Healive hepatitis A vaccine surged.
On the downside
Credit Suisse analyst Dan Eggers downgraded FirstEnergy (NYSE: FE) from an Outperform rating to Neutral and cut its price target from $45 to $40.
Vishop Holdings (NYSE: VIPS) allegations that the company over reported user traffic data but the stock price plummeted.
Netflix (Nasdaq: NFLX) stock fell on mixed reviews of its third original series, Arrested Development, which debuted Sunday morning.
In the broad market, advancing issues outpaced decliners by a margin of 7 to 5 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 index rose 10 points to 1660.
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