Private employers hired more workers than expected while jobless claims dropped to lift the markets to a sharply higher close with the
Dow climbing 93 points to 12,719. Nasdaq surged 38 points to 2872.
On the upside
Bebe Stores (Nasdaq: BEBE) reported a 7% increase in same store sales for the fourth quarter and expects fourth quarter earnings to be at the high end of its guidance.
June same store sales climbed a better than expected 6% for Dillard's (NYSE: DDS).
GMX Resources (NYSE: GMXR) began drilling its first well at the Williston Basin in Stark, North Dakota.
Pfizer (NYSE: PFE) was exploring the possibility of selling its animal health and nutrition business.