Higher close on strong jobs growth

Strong jobs growth in February lifted the markets to a higher close with the Dow gaining 44 points to 20,902. Nasdaq climbed 22 points to 5,861.


On the upside


Sears Holdings (Nasdaq: SHLD) completed the sale of its Craftsman Brand to Stanley Black & Decker for more than $900 million.


Cheetah Mobile (NYSE: CMCM) rebranded its ad business in India as Cheetah Ads.


Internap (Nasdaq: INAP) reported better than expected revenue for the fourth quarter.


On the downside


Investors locked in profits on Ocera Therapeutics (Nasdaq: OCRX).

Zumiez (Nasdaq: ZUMZ) reported higher fourth quarter earnings and revenue but the skateboard apparel retailer warned of greater than expected losses for the current quarter.

NII Holdings (Nasdaq: NIHD) reported a loss for the fourth quarter.


In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 index gained 7 points to 2,372. Bitcoin slipped $4 to $1,082.


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