Markets leap over stong jobs data

A strong jobs report sent the markets soaring with the Dow jumping 191 points to 18,239. Nasdaq leaped 69 points to 5,050.

On the upside

Youku Tudou (NYSE: YOKU) will release first quarter earnings on May 20, 2015.

Clovis Oncology (Nasdaq: CLVS) will present data at the 2015 American Society of Clinical Oncology Annual Meeting about three compounds in advanced clinical development.

Qiwi (Nasdaq: QIWI) reported higher first quarter earnings and announced plans to buy Otkritie Financial Group's Contact money transfer system and the Rapida payment processing system.

On the downside

Gevo (Nasdaq: GEVO) priced its public offering of 4.3 million common shares at the discounted price of $4 per share.

Discovery Laboratories (Nasdaq: DSCO) reported encouraging data from a Phase 2a clinical trial of AEROSURF and will proceed to a Phase 2 clinical program but the stock price fell.

J.C. Penney (NYSE: JCP) narrowed losses for the first quarter but investors remain concerned about the retailer's turnaround plan.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 surged 22 points to 2121. Bitcoin added $1 to $237.
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