Nonfarm payrolls climbed by 261,000 in October while the nation's unemployment rate slipped to a near 17-year low of 4.1%. The markets opened higher with the Dow gaining 33 points to 23,549. Nasdaq rose 23 points to 6,737.
On the upside
Molina Healthcare (NYSE: MOH) reported a smaller than expected loss for the third quarter.
Bargain hunters lifted shares of Newell Brands (NYSE: NWL).
American Axle & Manufacturing (NYSE: AXL) reported better than expected earnings for the third quarter.
On the downside
Tableau Software (NYSE: DATA) widened losses for the third quarter more than expected.
The Chemours Co. (NYSE: CC) reported flat third quarter earnings.
Altice USA (NYSE: ATUS) widened third quarter losses.
In the broad market, declining issues outpaced advancers by a margin of 6 to 5 on the NYSE and by nearly 4 to 3 on Nasdaq. The broader S&P 500 added 2 points to 2,581. Bitcoin soared $160 to $7,240.