Markets higher on strong earnings

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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