Unemployment rate drops to 16-year low, markets close higher

The markets closed higher with the Dow climbing 62 points to 21,206 as the nation's unemployment rate fell to a 16-year low of 4.3%. Nasdaq soared 58 points to 6,277.


On the upside


Canada Goose Holdings (NYSE: GOOS) reported better than expected earnings for the fourth quarter.


Stifel upgraded Aegean Marine Petroleum Network (NYSE: ANW) from a Hold rating to a Buy rating.


Broadcom (Nasdaq: AVGO) reported sharply higher second quarter earnings that topped analyst estimates.


On the downside


Zumiez (Nasdaq: ZUMZ) widened losses for the first quarter.


Yext (NYSE: YEXT) widened first quarter losses.

Sales in the month of May fell for Fred's (Nasdaq: FRED).


The broader S&P 500 climbed 9 points to 2,439. Bitcoin gained $25 to $2436.


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