MARKET PULSE-Superconductor, Bank of America, Beazer, Netflix
April 23 (Reuters) - Some U.S. stocks on the move on Tuesday:
STRONG EARNINGS LIFT WALL ST
Stocks extended gains, with the Nasdaq rising 1 percent, as strong earnings from a variety of sectors improved sentiment. Data that showed sales of new U.S. single-family homes rose last month also gave a boost to equities. The Dow Jones industrial average gained 123.64 points, or 0.85 percent, to 14,690.81. The Standard & Poor's 500 Index rose 11.64 points, or 0.74 percent, to 1,574.14. The Nasdaq Composite Index climbed 31.53 points, or 0.97 percent, to 3,265.08.
** SUPERCONDUCTOR TECHNOLOGIES INC, $4.90, up 110 pct (1024 ET)
The maker of high temperature superconducting materials said it recently received orders for one of its wires, used for power applications such as smart grids. It expected backlog to exhaust its production capacity until at least the third quarter of 2013.