Higher close on expected Conservative victory

The markets closed higher with the Dow gaining 37 points to 21,173 ahead of the UK election. Nasdaq climbed 22 points to 6,297.


On the upside


Carvana (NYSE: CVNA) reported smaller than expected loss for the first quarter as revenue surged.


Standpoint Research upgraded U.S. Steel (NYSE: X) to a Buy rating.


R.W. Baird analyst Tristan Gerra affirmed Micron Technology's (Nasdaq: MU) Outperform rating.


On the downside


IDT (NYSE: IDT) fell to a loss for the third quarter.


Shares of Frontier Communications (Nasdaq: FTR) extended its losses.

Concerns that Pandora Media (NYSE: P) will not be able to sell itself sent shares of the Internet music service lower.


The broader S&P 500 rose 3 points to 2,433. Bitcoin gained $35 to $2685.


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