Closing Bell: FOMC keeps the euphoria going (C, JASO, YRCW, NOK, TOL)

Citigroup Inc. (NYSE: C) rose on reports that its Chinese unit received regulatory approval to act as a bond market-maker on China's interbank bond market. Shares took back all of yesterday's losses as the stock was up over 7% at $3.96 late in the day.

JA Solar Holdings Co., Ltd. (NASDAQ: JASO) missed the rally today along with solar disappointments in earnings. The Chinese solar player said earnings were -$0.18 EPS vs. consensus of -$0.06, although that included some items. Revenue fell by over 50% to $88 million, although that is above the estimates of $77.6 million. This was down almost 15% at $4.47 ahead of the close.

YRC Worldwide, Inc. (NASDAQ: YRCW) was down big on an analyst downgrade. Stifel Nicolaus cut the rating to SELL and shares were down 11% at $2.04 ahead of the closing bell.

Nokia Corp. (NYSE: NOK) was looking better after reports that it and Microsoft have reached an agreement to make a mobile version of Microsoft's Office suite of software that will work normally on Nokia cellphones. A 1.5% gain to $13.27 might be disappointing on a day where the market was up so much.

Toll Brothers Inc. (NYSE: TOL) was the big winner in housing. The builder reported that its third-quarter home building revenues fell by over 40%, but the company also noted a 3% gain in new contracts to the first annual increase in roughly 4 years. Shares were up 14% at $23.43 ahead of the close.