The markets opened higher with the Dow gaining 54 points to 23,698 as bargain hunters snapped up deals. Nasdaq climbed 54 points to 6924.
On the upside
Fiat Chrysler (NYSE: FCAU) reported its best March retail sales in 17 years.
U.S. Steel (NYSE: X) resolved alleged water violations at its Midwest Plant in Portage, Indiana by paying a $600,000 civil penalty and at $630,000 reimbursement to federal agencies.
BTIG upgraded Exact Sciences (Nasdaq: EXAS) from a Neutral rating to a Buy rating.
On the downside
Switch (NYSE: SWCH) fell to a greater than expected loss for the fourth quarter.
Citi cut its price target on Signet Jewelers (NYSE: SIG) from $42.00 to $39.00.
Welltower (NYSE: HCN) acquired a senior living community in Boca Raton for $130 million.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 gained 13 points to 2,594. Bitcoin soared $355 to $7,333.