Markets Positive As Jobless Claims Drop

The markets traded in positive territory with the Dow adding 8 points to 14,939 as concerns about military strikes in Syria tempered enthusiasm for a drop in jobless claims. Nasdaq rose 6 points to 3655.

On the upside

FuelCell Energy (Nasdaq: FCEL) narrowed third quarter losses as revenue surged.

Shares of Himax Technologies (Nasdaq: HIMX) continued rising after a Seeking Alpha contributor issued a positive opinion of the stock.

Local.com (Nasdaq: LOCM) will provide location based services for Microsoft's (Nasdaq: MSFT) Bing.


On the downside


Bazaarvoice (Nasdaq: BV) narrowed losses for the first quarter but the stock price fell.


Eldorado Gold (NYSE: EGO) provided an exploration update for the first half of 2013.

Barclays downgraded Newmont Mining (NYSE: NEM) from an Overweight rating to an Equal Weight rating.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 added 2 points to 1655.

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