The markets extended its gains during the midday with the Dow rocketing 204 points to 18,139 as first time applications for unemployment benefits tumbled. Nasdaq jumped 68 points to 5,133.
On the upside
Shares of Fitbit (NYSE: FIT) surged on its first trading day.
Univar (NYSE: UNVR) stock soared in its market debut.
Learning Tree International (Nasdaq: LTRE) launched its new Activity-Based Intelligence training curriculum and certifications.
On the downside
Bankrate (NYSE: RATE) reported higher first quarter earnings and revenue but the results fell short of expectations and the company forecast current quarter below estimates.
SunTrust cut its price target on Goodrich Petroleum (NYSE: GDP) from $7 to $4.
Jabil Circuit (NYSE: JBL) reported lower third quarter earnings and forecast current quarter revenue below expectations.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by 3 to 1 on Nasdaq. The broader S&P 500 climbed 19 points to 2120. Bitcoin held steady at $247.
