Strong jobs growth lifts markets

Strong jobs growth lifted the markets to a higher open with the Dow gaining 62 points to 16,899. Nasdaq rises 13 points to 4,310.

On the upside

A Seeking Alpha contributor wrote that RMG Networks (Nasdaq: RMGN) was a good long term investment.

Verifone (NYSE: PAY) narrowed second quarter losses as revenue rose.

The Food and Drug Administration granted fast track status to GW Pharmaceuticals' (Nasdaq: GWPH) Dravet syndrome treatment Epidiolex.

On the downside

Hertz Global (NYSE: HTZ) must restate all financial reports going back three years and has delayed its first quarter earnings release for the second time.

Shares of Novavax (Nasdaq: NVAX) extended its losses.

Rally Software (NYSE: RALY) narrowed first quarter losses more than expected but revenue fell short of analyst expectations and the company forecast current quarter revenue below estimates.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 gained 6 points to 1947. Bitcoin eased $1.25 or 0.19% to $651.91.

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