Unemployment rate slips, markets advance

The markets recovered early morning loses to trade higher during the midday with the Dow gaining 47 points to 17,116 as the nation's unemployment rate slipped to 6.1% in August. Nasdaq rose 11 points to 4,573.

On the upside

Ivanhoe Energy (Nasdaq: IVAN) regained compliance with the Nasdaq minimum bid price rule earlier this week.

WPCS International (Nasdaq: WPCS) regained compliance with the $1 per share minimum price for ten consecutive days rule for Nasdaq listing.

Bargain hunters lifted shares of Mobileye (NYSE: MBLY).

On the downside

Recro Pharma (Nasdaq: REPH) will end a Phase IIb trial of its post-operational pain medication Dex-IN due to disappointing results.

Investors locked in profits on Achillion Pharmaceuticals (Nasdaq: ACHN).

Zumiez (Nasdaq: ZUMZ) reported higher second quarter earnings and revenue but the company forecast current quarter earnings below expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 6 points to 2004. Bitcoin fell $9 to $479.