Upbeat Economic Data Lifts Markets

A gain in factory orders and jobs lifted the markets to a higher close with the Dow gaining 40 points to 16,573. Nasdaq added 8 points to 4276.

On the upside

Autobytel (Nasdaq: ABTL) lifted its first quarter revenue outlook.

Belgium bus manufacturer Van Hool delivered four buses powered by Ballard Power's (Nasdaq: BLDP) fuel cells.

Celgene (Nasdaq: CELG) will increase its stake in Acceleron Pharma (Nasdaq: XLRN) to 14.8%.

On the downside

Investors locked in profits on Amyris (Nasdaq: AMRS).

Genco Shipping (NYSE: GNK) must restructure its debt by April 4 to avoid bankruptcy.

Ellie Mae (Nasdaq: ELLI) experienced system outages due to unusually high demand for services.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on both the NYSE and on Nasdaq. The broader S&P 500 rose 5 points to 1890. Bitcoin slipped $2.11 or 0.48% to $439.01.

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