The markets soared to a sharply higher close with Dow leaping 267 points to 18,191 as the unemployment rate slipped. Nasdaq surged 58 points to 5,003.
On the upside
NeoPhotonics (NYSE: NPTN) swung to a profit for the first quarter as revenue climbed.
Silver Springs Networks (NYSE: SSNI) reversed year ago losses to post a better than expected profit for the first quarter as revenue surged.
Imperva (NYSE: IMPV) reported a loss for the first quarter but the results were better than expected and the company forecast current quarter and full year results ahead of estimates.
On the downside
Pros Holdings (NYSE: PRO) widened losses and forecast current quarter and full year results that missed expectations prompting a downgrade.
bebe stores (Nasdaq: BEBE) reported a loss for the third quarter and suspended its dividend payments.
EnerNOC (Nasdaq: ENOC) widened first quarter losses as revenue slipped.
In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and more than 5 to 3 on Nasdaq. The broader S&P 500 soared 28 points to 2116. Bitcoin held steady at $242.
A drop in unemployment rate boosts markets
May 08, 2015 at 20:55 PM EDT