The markets opened sharply higher with the Dow leaping 159 points to 15,199 as the nation's employers added a greater than expected 175,000 jobs in May. Nasdaq climbed 27 points to 3451.
On the upside
Rosetta Genomics (Nasdaq: ROSG) executed a credentialing agreement with Three Rivers Provider Network for the Rosetta Cancer Origin Test.
Microsoft (Nasdaq: MSFT) clarified that the Xbox One can operate used games from retailers such as GameStop (NYSE: GME) without a platform fee.
Oclaro (Nasdaq: OCLR) announced the retirement of chairman and chief executive Alain Couder and named Greg Dougherty as its new chief executive.
On the downside
TiVo (Nasdaq: TIVO) agreed to settle its patent suit against Cisco (Nasdaq: CSCO), Motorola Mobility and Time Warner Cable for $490 million, far less than expected.
The Internal Revenue Service will review Iron Mountain's (NYSE: IRM) and Equinix's (Nasdaq: EQIX) plans to become a real estate investment trusts.
Quicksilver (NYSE: ZQK) widened second quarter losses more than expected as revenue dropped.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 index climbed 15 points to 1638.
