Markets rocket higher on strong jobs data

The markets continued to advance during the midday with the Dow rocketing 347 points to 17,824 on a strong jobs report. Nasdaq leaped 98 points to 5,135.


On the upside


Strong auto sales lifted shares of TrueCar (Nasdaq: TRUE).


Barrick Gold (NYSE: ABX) extended and amended its credit facility.


Samsung will pay Apple (Nasdaq: AAPL) $548 million to settle a patent infringement suit.

On the downside


Kinder Morgan (NYSE: KMI) will review its dividend policy.


Shares of NRG Energy (NYSE: NRG) continued falling.


Pandora Media (NYSE: P) priced its public offering of senior convertible notes.


In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 leaped 35 points to 2,085. Bitcoin held steady at $359.

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