The markets closed sharply higher with the Dow soaring 128 points to 15,628 as jobless claims dropped more than expected while manufacturing activity rose. Nasdaq jumped 49 points to 3675.
On the upside
Concur Technologies (Nasdaq: CNQR) reported lower third quarter earnings that surpassed analyst expectations as revenue climbed.
Turquoise Hill (NYSE: TRQ) stock climbed as bargain hunters snapped up shares of the mining company.
Pioneer Natural Resources (NYSE: PXD) swung to a profit for the second quarter as revenue rose.
On the downside
Investors locked in profits on Stereotaxis (Nasdaq: STXS).
BJ's Restaurants (Nasdaq: BJRI) reported lower second quarter earnings that fell short of expectations as expenses rose.
Yamana Gold (NYSE: AUY) fell to a loss for the second quarter as revenue dropped.
In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 leaped 21 points to 1706.
