Sharply higher open on strong jobs data

A strong gain in January nonfarm payrolls boosted the markets to a sharply higher open with the Dow soaring 131 points to 20,016. Nasdaq gained 17 points to 5,653.


On the upside


Tableau Software (NYSE: DATA) narrowed fourth quarter losses more than expected.


Fortinet (Nasdaq: FTNT) swung to a better than expected profit for the fourth quarter.


Naked Brand Group (Nasdaq: NAKD) extended its gains.


On the downside


FireEye (Nasdaq: FEYE) reported a loss for the fourth quarter and announced the departure of chief financial officer Mike Berry and chairman David DeWalt.


Fourth quarter earnings and revenue for HanesBrands (NYSE: HBI) missed expectations.


Deckers Brands (NYSE: DECK) disappointed with sharply lower third quarter earnings that fell short of estimates.


In the broad market, advancing issues outpaced decliners by a margin of 7 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 index climbed 12 points to 2,293. Bitcoin rose $4 to $1,002.


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