Shares of Jabil Circuit Inc. jumped Wednesday morning after the contract electronics manufacturer reported fourth-quarter earnings that exceeded Wall Street projections as well as a forecast that also came in above estimates.

Technology stocks move into the red as the broad market turns quickly downward.

InitiationsBlue Nile (NILE) / Digital River (DRIV): Morgan Stanley sees both online jewelry retailer Blue Nile and e-commerce outsourcer Digital River treading water assuming coverage of each with Equal-weight ratings.Tiffany & Co. (TIF): Blue Nile’s brick and mortar competitor Tiffany fares better Oppenheimer initiating with an Outperform ($38 price target) on improving sales and easing comparisons.UpgradesBuckle (BKE): No need for belt tightening at Buckle after Roth Capital raised its rating to Buy from Hold after an earnings beat at the apparel retailer yesterday.The Gap (GPS): Competitor Gap gets a boost from Friedman Billings the broker upgrading it to Outperform from Market ...

The U.S. markets cleared major resistance on Monday, keeping the near-term recovery attempt in play.

CINCINNATI (MarketWatch) - After seven months of "market crash" price action - September through March - the backdrop this month remains unusually straightforward.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Benchmark Journal.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Ridgewater Equity (RWE).