Strong Jobs Data Lifts Markets

The markets traded higher during the midday with the Dow rising 36 points to 14,290 on strong jobs data. Nasdaq eased a point 3222.

On the upside

Endeavour International (NYSE: END) narrowed fourth quarter losses as revenue surged.


Reuters reported that Johnson Controls (NYSE: JCI) was working with JP Morgan on potentially selling its automotive interiors business.


Gartner identified Tibco (Nasdaq: TIBX) as a Leader in the Magic Quadrant for Business Intelligence and Analytics Platforms.


On the downside


The Fresh Market (Nasdaq: TFM) reported higher fourth quarter earnings but the results missed expectations and the grocery store chain forecast 2013 earnings below estimates.


Investors locked in profits on Radian Group (NYSE: RDN).


Fourth quarter earnings slipped for Qihoo (NYSE: QIHU) prompting a downgrade.

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 index added a point to 1541.

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