A better than expected jobs report lifted the markets to a higher open with the Dow gaining 76 points to 11,199. Nasdaq edged up a fraction to 2507.

On the upside

ServiceSource (Nasdaq: SREV) announced preliminary third quarter revenue above previous guidance and lifted its full year outlook. 

President Obama's comment yesterday that the government should continue providing loan guarantees to clean energy companies lifted shares of Suntech Power (NYSE: STP). 

At an investor meeting, Sprint (NYSE: S) chief executive officer Dan Hesse said that Apple's (Nasdaq: AAPL) iPhone will be one of Sprint's most profitable devices.

On the downside

Illumina (Nasdaq: ILMN) reported preliminary third quarter revenue that fell short of expectations and suspended its guidance for the year prompting a downgrade.  

Regency Energy Partners (NYSE: RGP) priced its offering of 10 million common units at $20.92 per common unit.

MarketWest Energy Partners (NYSE: MWE) priced its public offering of 5 million common units at $45.52 per common unit. 

In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 7 on the NYSE while decliners edged out advancers by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped a point to 672.