Two recalls for laceration hazards

The markets extended its gains during the midday with the Dow soaring 138 points to 19,934. Nasdaq surged 66 points to 5,479.


Yankee Candle has recalled 31,000 candles from its Luminous Collection fragrance line for a potential laceration hazard. The jars can crack while the candles are lit. So far, sixteen customers have reported cracking jars. All the recalled candles were sold in Yankee Candle stores and on the Yankee Candle website between September and November 2016.


The potential for a blade to crack prompted Conair to recall 8 million Cuisinart food processors. Conair said that the blade can crack over time and break. Sixty nine incidents have been reported of broken blade pieces being found in food. The food processors were sold between July 1996 and December 2015 in the U.S. and Canada at specialty stores and websites.


Snapchat introduced its Group update that allows users to chat with up to 15 people. The names of all participants in the Group chat will be visible. One-on-one conversations can be initiated by clicking on a specific name. The Group Snaps and chats will disappear after 24 hours.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 index climbed 17 points to 2,274. Bitcoin rose $4 to $776.


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