Upbeat jobs report lifts markets

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An upbeat jobs report lifted the markets to a higher open with the Dow climbing 109 points to 25,004. Nasdaq gained 48 points to 7475.


On the upside


BTIG upgraded Nutanix (Nasdaq: NTNX) from a Hold rating to a Buy rating.


Wynn Resorts (Nasdaq: WYNN) will pay $2.6 billion to settle a lawsuit that resolves all claims between Wynn Resorts, Universal Entertainment and Aruze.


United Natural Foods (Nasdaq: UNFI) reported higher second quarter earnings and revenue.

 

On the downside 


Finisar (Nasdaq: FNSR) fell to a greater than expected loss for the third quarter.


A report that Toys R Us may liquidate all of its stores in the U.S. sent shares of Mattel (Nasdaq: MAT) lower.


ZTO Express (NYSE: ZTO) announced the resignation of chief financial officer James Guo.


In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by 2 to 1 Nasdaq. The broader S&P 500 climbed 14 points to 2,752. Bitcoin dropped $103 to $9,166.


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