Drop in jobless claims lifts markets

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A drop in first time applications for unemployment benefits lifted the markets to a higher close with the Dow rising 8 points to 21,182. Nasdaq gained 24 points to 6,321.


On the upside


A district court judge entered a case management order that should benefit Endo International (Nasdaq: ENDP).


Bargain hunters lifted shares of Expedia (Nasdaq: EXPE).


Comtech Telecommunications (Nasdaq: CMTL) declared a quarterly cash dividend of 10 cents per share payable on August 18, 2017 to shareholders of record July 17, 2017.


On the downside


Nomura analysts warned that daily user growth for Snap (NYSE: SNAP) was slowing in the second quarter.


Urban Outfitters (Nasdaq: URBN) reported lower same store sales for the month of May.

 

Rent-A-Center (Nasdaq: RCII) shareholders elected three new members to its board.


The broader S&P 500 held steady at 2,433. Bitcoin climbed $53 to $2703.


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This page contains a single entry by published on June 8, 2017 2:40 PM.

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