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NEW YORK, May 7- U.S. stocks advanced on Tuesday, with the S&P 500 extending its three-day rally to yet another intraday high, led by gains in the materials and energy sectors. Caterpillar Inc, the world's largest construction and mining equipment maker, was the Dow's biggest percentage gainer with its stock up 2.1 percent at $89.39.
Take a look at some of Tuesday's midday movers:
*S&P 500 coming off three days of gains, record close. NEW YORK, May 7- U.S. stocks were little changed on Tuesday following yet another record close on the S&P 500 as investors booked profits from a recent rally in the technology sector. First Solar and Netflix shares were also down, weighing on the tech-heavy index.
As the market hits new highs, three companies have created "amazing short squeezes" by rallying against negative expectations, CNBC's Jim Cramer says.
Some of the names on the move ahead of the open.
*Investors looking for catalysts after rally. NEW YORK, May 7- U.S. stocks rose on Tuesday, with the S&P 500 extending its three-day rally to an intraday high, although profit-taking in technology shares capped gains. Shares of First Solar and video subscription company Netflix were also down, pressuring the index.
May 6- First Solar Inc reported a first-quarter profit after a loss in the previous year, helped by higher sales of solar modules, and the company maintained its full-year outlook. Excluding items, First Solar earned 69 cents a share, below the 75 cents expected on average by analysts, according to Thomson Reuters I/B/E/S.
First Solar swung to a profit, though its earnings fell short of expectations. Revenue, however, beat.
Stocks finished narrowly mixed Monday as trading was largely muted with no major economic news on tap and as investors hesitated to jump in after the recent rally, but the S&P 500 rose to touch a fresh all-time high.
Check out which companies are making headlines after the bell Monday:
U.S. stock index futures were in positive territory Monday after the Dow and S&P 500 hit fresh all-time highs last week, propelled by a better-than-expected monthly jobs report.
*Investors looking for next market catalyst. *Tyson Foods, Frontier Communications on tap to report results. NEW YORK, May 6- U.S. stock index futures were little changed on Monday as investors paused following steep gains in the previous session that took the Dow and S&P 500 to new closing highs.
Stocks enter the week ahead energized by the jobs report and new highs for the Dow and S&P but that doesn't mean "sell in May" is off the table.
Why you should be careful about "best stock" lists.
Garvin Jabusch, co-founder, CIO, Green Alpha Advisors LLC, explains to CNBC's Mandy Drury why he continues to believe First Solar is a buy when companies like Raymond James have downgraded the solar technology company.
Despite the financial headwinds battering solar panel makers, alternative energy has a bright future, First Solar CEO James Hughes said Thursday.
First Solar CEO Jim Hughes discusses whether the solar industry can be profitable without government subsidies, as well as acquisitions the company has on tap this year.
April 10- First Solar Inc this week cast itself as a formidable survivor of solar industry turmoil, but some in the market expressed doubt that the company would be able to meet aggressive goals for cost reductions, technology advances and contract wins.
Take a look at some of Wednesday's midday movers:
First Solar is sending short sellers running for the exits, said Cramer, who explained why the stock has gained rapid favor in the market.