Mixed economic data, mixed market close

It was a mixed close for the markets with the Dow gaining 49 points to 18,053 as new home construction tumbled last month but median weekly wages climbed in the first quarter. Nasdaq lost 19 points to 4,940.


On the upside


Rising silver prices lifted shares of First Majestic Silver (NYSE: AG) and Hecla Mining (NYSE: HL).


Zacks Investment Research said that TimkenSteel (NYSE: TMST) had the potential to beat earnings estimates.


Shares of California Resources (NYSE: CRC) climbed as crude oil prices rose.


On the downside


MaxLinear (Nasdaq: MXL) will report first quarter results after market close on Monday, May 9, 2016.


Profit taking weighed down shares of Anacor Pharmaceuticals (Nasdaq: ANAC).


Investors locked in profits on Amedica (Nasdaq: AMDA).


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 6 points to 2,100. Bitcoin gained $3 to $429.

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