Easing rate concerns lift markets

Concerns that the Federal Reserve would raise interest rates were eased by a weak jobs report. The markets closed higher with the Dow climbing 67 points to 17,137. Nasdaq gained 20 points to 4,582.

On the upside

GoPro (Nasdaq: GPRO) stock climbed on strong earnings from its video processing chip supplier Ambarella (Nasdaq: AMBA).

Shares of Xunlei (Nasdaq: XNET) continued climbing after announcing earlier this week plans to acquire Kuaipan Personal.

Bargain hunters lifted shares of TrueCar (Nasdaq: TRUE).

On the downside

A bankruptcy court approved USEC's (NYSE: USU) reorganization plan.

Investors continued to lock in profits on MobileIron (Nasdaq: MOBL).

Tumi Holdings (NYSE: TUMI) announced a secondary offering of 8 million common shares.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 gained 10 points to 2007. Bitcoin lost $9 to $479.
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