Falling jobless claims lifted the markets to a higher close with the Dow rising 24 points to 14,700. Nasdaq gained 20 points to 3289.
On the upside
ITT Educational Services (NYSE: ESI) reported lower first quarter earnings as student enrollment fell but the results beat expectations.
Yandex (Nasdaq: YNDX) reported sharply higher first quarter earnings and revenue that surpassed analyst expectations prompting the Russian search engine to lift its full year outlook.
First quarter earnings slipped for RR Donnelley (Nasdaq: RRD) but the results were better than expected.
On the downside
Citrix Systems (Nasdaq: CTXS) reported lower first quarter earnings that missed expectations and forecast current quarter results below estimates.
First quarter earnings and revenue fell for Patterson-UTI Energy (Nasdaq: PTEN).
Raymond James Financial (NYSE: RJF) reported higher second quarter earnings but the results fell short of analyst expectations.
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 index rose 6 points to 1585.
