Higher open despite disappointing jobs data

The nation's economy added fewer jobs than expected in August but the markets opened higher with the Dow rising 33 points to 21,981. Nasdaq gained 14 points to 6,442.


On the upside


Nutanix (Nasdaq: NTNX) reported a smaller than expected loss for the fourth quarter as revenue surged.


Palo Alto Networks (NYSE: PANW) reported higher fourth quarter revenue and a smaller than expected loss.


Lululemon Athletica (Nasdaq: LULU) reported better than expected earnings for the second quarter and lifted its full year revenue forecast.

On the downside


Second quarter earnings plunged for Ambarella (Nasdaq: AMBA).


Investors locked in profits on Momo (Nasdaq: MOMO).

Profit taking weighed down shares of ImmunoGen (Nasdaq: IMGN).


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 4 to 3 on Nasdaq. The broader S&P 500 added 3 points to 2,474. Bitcoin soared $124 to $4,860.


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