Higher Close On Falling Jobless Claims

Falling jobless claims lifted the markets to a higher close with the Dow rising 24 points to 14,700. Nasdaq gained 20 points to 3289.

On the upside

ITT Educational Services (NYSE: ESI) reported lower first quarter earnings as student enrollment fell but the results beat expectations.

Yandex (Nasdaq: YNDX) reported sharply higher first quarter earnings and revenue that surpassed analyst expectations prompting the Russian search engine to lift its full year outlook.

First quarter earnings slipped for RR Donnelley (Nasdaq: RRD) but the results were better than expected.

On the downside

Citrix Systems (Nasdaq: CTXS) reported lower first quarter earnings that missed expectations and forecast current quarter results below estimates.

First quarter earnings and revenue fell for Patterson-UTI Energy (Nasdaq: PTEN).

Raymond James Financial (NYSE: RJF) reported higher second quarter earnings but the results fell short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 index rose 6 points to 1585.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here