The market extended yesterday’s rally through Tuesday’s trading action, with the S&P 500 briefly touching its highest price in history before paring back slightly, while still closing at a record high. The DJIA notched impressive gains as well, while the NASDAQ bested both, rising more than a percent more than its counterparts. NASADQ's pop can be partly attributed to a sizable pop from Cisco Systems (CSCO) , who gained 3.03 percent, and Facebook Inc. (FB) , who rose 3.95 percent on the day.

The indices gains can be attributed to both an increase in manufacturing activity and positive earnings news out of the automaker industry, with mega-company Ford (F) besting earnings estimates, gaining 4.62 percent on the day amidst exceptionally heavy volume.

Market Results for April 1, 2014

  • Standard & Poor’s 500: +0.70 percent to 1,885.52 points
  • Dow Jones Industrial Average: +0.46 percent to 16,532.61 points
  • NASDAQ Exchange: +1.64 percent to 4,268.04 points

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