Top Narrow Based Indexes For June 14 (RZ, NLST, WATG)
Positive economic data from Europe is helping US stocks to post good gains. Till 12:12 pm, the Dow Jones Industrial Average soared 92.81, or 0.91%, to 10,303.88, the S&P 500 index gained 11.14, or 1.02% and the NASDAQ climbed 29.52, or 1.32%. Some of the few narrow based indexes that are driving the market are the Geothermal Stocks, which have gained 5.1%, Data Storage Stocks, up 4.4%, and Chinese Auto Parts Stocks, moving up 4.3% higher as a group.
In Tickerspy's Geothermal complex, Raser Technologies Inc (NYSE: RZ) has surged 18.16%. Four former executives of General Motors have been hired by RZ to lead its Plug-In Hybrid Electric Vehicle program.
The best performing Tickerspy Data Storage stock has been Netlist Inc (NASDAQ: NLST), which was up 26.94%. NLST’s board of directors has approved certain stock option grants to new employees.
Wonder Auto Technology Inc (NASDAQ: WATG) is today’s leading Tickerspy's Chinese Auto Parts stock, gaining 5.6%. WATG is expecting 60% year-over-year jump in revenue at its engine valve business segment in H1.
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