Markets soar on strong jobs growth


Strong jobs growth sent the markets soaring to a sharply higher close with the Dow rocketing 440 points to 25,335. Nasdaq leaped 132 points to 7560.

On the upside

Coherus Biosciences (Nasdaq: CHRS) narrowed losses for the fourth quarter.

Spark Energy (Nasdaq: SPKE) reported sharply higher fourth quarter earnings and declared a quarterly cash dividend.

PDL BioPharma (Nasdaq: PDLI) reversed year ago losses to post a profit for the fourth quarter.


On the downside 

Big Lots (NYSE: BIG) reported higher fourth quarter earnings but same store sales slipped.

Yext (NYSE: YEXT) reported a loss for the fourth quarter.

Calithera Biosciences (Nasdaq: CALA) reported a wider than expected loss for the fourth quarter.

In the broad market, advancing issues outpaced decliners by a margin of 3 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 surged 47 points to 2,786. Bitcoin tumbled $177 to $9,092.

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