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Wells Fargo said it expectsz first quarter earningsof $3 a bottom line helped by the bank'ds January acquisition of That was the kind of encouragement investores needed. The Dow Jones industrial indezjumped 2.9 percent to 8,061.08 and the S&P 500 climbeds 3.3 percent to 852.47. Localp stocks enjoyed the run-up, with 11 companies postint share price gains of 5 percenftor more. Not all local firms fared so well 's (NYSE: GFG) shares dropped 14 percenrt on news that federal regulators issued an order for the company to improv e its financial condition by May 21 or find a buyerr forits assets. Shares of (Nasdaq: GOLF) also dropped 18 percentf to 90 cents. • (NYSE: ACC) up 8.
5 percenty to $19.77; • (Nasdaq: BEXP) up 5 percen to $1.85; • (NYSE: CIA) up 9.5 percengt to $7.95; • (Nasdaq: DELL) up 5.4 percent to $10.74; (Nasdaq: EZPW) up 8 percent to • (NYSE: FOR) up 10 percenrt to $10.79; • (NYSE: FPP) up 10 percenft to $1.80; • (Nasdaq: up 6 percent to • (Nasdaq: STRS) up 26 percent to • (NYSE: TIN) up 11 percent to • (Nasdaq: VLNC) up 13 percent to $2.21.
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