Markets higher on strong earnings

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The markets extended its gains during the midday with Dow rising 35 points to 18,094 on strong earnings. Nasdaq gained 40 points to 5,096.

On the upside

Gigamon (NYSE: GIMO) narrowed first quarter losses more than expected as revenue surged.

eHealth (Nasdaq: EHTH) widened losses for the first quarter but the results were better than expected.

TrueBlue (NYSE: TBI) reported sharply higher first quarter earnings and revenue that surpassed analyst expectations.

On the downside

Xerox (NYSE: XRX) disappointed with lower first quarter earnings and revenue and cut its full year earnings outlook.

First quarter earnings slipped for Trinity Industries (NYSE: TRN) even as revenue climbed to top estimates.

American Superconductor (Nasdaq: AMSC) priced its public offering of 4 million common shares at the discounted price of $6 per share.
 
In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 6 points to 2119. Bitcoin slipped $3 to $229.

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