Markets flat at midday despite strong jobs report

The markets traded flat during the midday with the Dow gaining 12 points to 16,526 despite an upbeat jobs report. Nasdaq added 7 points to 4,696.


On the upside


The Connecticut Siting Council approved a 63.3 megawatt fuel cell power plant that will use FuelCell Energy (Nasdaq: FCEL) systems.


Bargain hunters snapped up shares of JinkoSolar (NYSE: JKS).

Glu Mobile (Nasdaq: GLUU) will report fourth quarter and full year financial results after market close on Wednesday, February 3, 2016.


On the downside


The Container Store (NYSE: TCS) fell to a greater than expected loss for the third quarter and forecast fourth quarter results that fell short of expectations.


Southcross Energy Partners (NYSE: SXE) suspended its quarterly cash dividend and closed a $14 million unsecured loan.


Flamel Technologies (Nasdaq: FLML) provided an update on its corporate progress.


In the broad market, advancing issues were on par with decliners on the NYSE while decliners edged out advancers by 10 to 9 on Nasdaq. The broader S&P 500 rose 4 points to 1,947. Bitcoin lost $8 to $445.

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