Top Narrow Based Indexes For January 3 (AVL, ESIO, PSTI)

By 11:33 am, the Dow Jones Industrial Average was up 120.41 points, or 1.04%, to 11,697.92, while the broader Standard & Poor's 500 index had gained 16.81 points, or 1.34%. The NASDAQ composite index rose 48.23 points, or 1.82%. Some of the narrow based indexes that are driving the markets are Rare Earth Stocks, which have gained 8.9%, Laser Stocks, up 4.0%, and Stem Cell Stocks, moving 3.9% higher as a group. In Tickerspy's Rare Earth complex, Avalon Rare Metals Inc AVL had surged 18.5%. AVL had no debt in the recent quarter. The best performing Tickerspy Laser stock has been Electro Scientific Industries Inc ESIO, which was up 6.7%. ESIO had $159.05 million in total cash and no debt for the latest quarter. Pluristem Therapeutics Inc PSTI is today's leading Tickerspy's Stem Cell stock, gaining 7.7%. PSTI's shares have surged 23.28% over the past 52 weeks, while the S&P 500 index has gained 11% in the same period. Read more from Benzinga's Markets.