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Stocks Jump on Strong Earnings

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    FBN's Sandra Smith breaks down late-morning market news.

  • Duration 0:54
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Hello everybody I'm Sandra Smith -- -- Fox Business brief we'll stocks are surging with the Dow gaining triple digit so far today.

Investors feeling a little encouraged by some positive news on earnings.

The Dow up 169.

Point still near its highs of the session.

First Solar is cutting its global workforce by 30% the solar panel maker also shutting down for production lines around the world.

The company says those cuts will result in an annual savings out of up to 120 million dollars.

US factory output fell in March because companies made fewer electronic products steel and metals.

The decline made march the second straight month in which overall industrial production was flat.

And that is the latest from the Fox Business that we're giving you the part of --