Strong job picture lifts stock market

A strong jobs report boosted the stock market with the Dow finishing a holiday-shortened session up 92 points at 17,068. Nasdaq rose 28 points to close at at 4,485.

On the upside

Petsmart (Nasdaq:PETM) was asked by Jana Partners to explore the sale of the company and its 9.9% stake in the retailer.

Shares of Rite Aid (NYSE: RAD) was boosted by an increase in same-store sales in June for the drugstore chain.

Shares of Paccar (Nasdaq: PCAR) surged on analysts' comments speculating about Volkswagen making a bid for the truck maker. Volkwagen denied the claim.

On the downside

Shares of USEC (NYSE: USU) gave up a third of its value after rallying for two days. The uranium fuel provider is emerging from Chapter 11 bankruptcy.

Worries about the underlying business of NQ Mobile (NYSE: NQ) weighed on investors as PricewaterhouseCoopers expanded the scope of the Chinese Internet service provider.

Shares of Regado Biosciences (Nasdaq: RGDO) tumbled after the FDA announced a surprise review of the company's antithrombotic drug system. Analysts promptly downgraded the stock.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 4 on the NYSE, but were narrowly edged out on Nasdaq. The broader S&P 500 climbed 10 points to close at a record 1985. Bitcoin lost $8 or 1.3% to $634.

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