By 12:13 pm, the Dow Jones Industrial Average was up 138.32 points, or 1.34%, to 10,440.33, while the broader Standard & Poor's 500 index had gained 16.56 points, or 1.53%. The NASDAQ composite index rose 34.58 points, or 1.58%.
Some of the narrow based indexes that are driving the market are Chinese Agriculture Stocks, which have gained 6.5%, Agricultural Chemical and Fertilizer Stocks, up 6.0%, and Textile Stocks, moving 3.6% higher as a group.
In Tickerspy's Chinese Agriculture complex, China Agritech Inc CAGC had surged 9.3%. CAGC’s shares have advanced 1,027.68% over the past 52 weeks, while the S&P 500 index has just gained 10.17% in the same period.
The best performing Tickerspy Agricultural Chemical and Fertilizer stock has been Potash Corp of Saskatchewan Inc POT, which was up 24.9%. POT has rejected a $38.6 billion, all-cash bid by BHP Billiton BHP.
Interface Inc IFSIA is today’s leading Tickerspy's Textile stock, gaining 6.2%. IFSIA’s quarterly earnings jumped 108.20% y/y.
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