Higher open as 151,000 jobs added

The markets opened higher with the Dow soaring 99 points to 18,519 as the economy added 151,000 jobs in August. Nasdaq climbed 28 points to 5,255.


On the upside


Accuride (NYSE: ACW) will be acquired by Crestview Partners for a premium of $2.58 per share in cash.


Cowen analyst Gregg Moskowitz expects VeriSign (Nasdaq: VRSN) to report better than expected results for the third quarter.


Shares of Threshold Pharmaceuticals (Nasdaq: THLD) climbed on no news.


On the downside


VeriFone Systems (NYSE: PAY) fell to a loss for the third quarter and cut its full year outlook.


Second quarter revenue for Lululemon Athletica (Nasdaq: LULU) fell short of expectations and the company forecast current quarter results below estimates.


Ambarella (Nasdaq: AMBA) reported lower second quarter earnings and revenue.


In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 climbed 11 points to 2,181. Bitcoin rose $3 to $574.

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