Markets rocket higher as unemployment rate falls

A drop in the nation's unemployment rate boosted the markets during the midday with Dow rocketing 263 points to 18,187. Nasdaq leaped 64 points to 5,009.

On the upside

Shares of Bojangles' (Nasdaq: BOJA) surged on its first trading day.

Calithera Biosciences (Nasdaq: CALA) reported a loss for the first quarter but the company continued to expand and advance it development pipeline.

Aerie Pharmaceuticals (Nasdaq: AERI) widened losses for the first quarter but the stock price rose.

On the downside

Planar Systems (Nasdaq: PLNR) reported higher second quarter earnings and revenue but the company forecast full year results below expectations.

First quarter earnings plunged for Monster Beverage (Nasdaq: MNST) to fall short of expectations.

Sprouts Farmers Market (Nasdaq: SFM) reported higher first quarter earnings and revenue but the results missed estimates.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 1 on the NYSE and nearly 7 to 3 on Nasdaq. The broader S&P 500 soared 28 points to 2116. Bitcoin rose $4 to $242.
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