Upbeat jobs data along with rising crude oil prices lifted the markets to a sharply higher close with the Dow leaping 211 points to 17,884. Nasdaq surged 48 points to 4,765.
On the upside
Cemex (NYSE: CX) narrowed losses for the fourth quarter as revenue rose.
Conn’s (Nasdaq: CONN) reported a 4.9% increase in same store sales for January.
Advanced Micro Devices (Nasdaq: AMD) stock soared after rival NXP Semiconductor (Nasdaq: NXPI) reported better than expected earnings for the fourth quarter.
On the downside
Clearwater Paper (NYSE: CLW) fell to a greater than expected loss for the fourth quarter.
OraSure Technologies (Nasdaq: OSUR) fell to a loss for the fourth quarter and forecast current quarter revenue below estimates.
Adept Technology (Nasdaq: ADEP) fell to a loss for the second quarter as revenue dropped.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 soared 21 points to 2062. Bitcoin slipped $7 to $216.
