Higher close as jobless claims fall

The markets closed higher with the Dow gaining 65 points to 19,614 as jobless claims fell. Nasdaq climbed 23 points to 5,417.


On the upside


Ciena (NYSE: CIEN) swung to a profit for the fourth quarter.


Shares of CVR Refining (NYSE: CVRR) climbed for the fourth day in a row.


Anavex Life Sciences (Nasdaq: AVXL) reported positive 57-week data from a Phase 2a study of ANAVEX 2-73 in mild to moderate Alzheimer's patients.


On the downside


Comtech Telecommunications (Nasdaq: CMTL) fell to a loss for the first quarter.


Shares of Las Vegas Sands (NYSE: LVS) and Melco Crown Entertainment (Nasdaq: MPEL) dropped after reports that China will cut in half the amount that China UnionPay customer can withdraw from ATMs in Macau.


Radius Health (Nasdaq: RDUS) presented data from two ongoing Phase 1 studies of RAD1901.


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 index rose 4 points to 2,246. Bitcoin held steady at $765.


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