Higher close as unemployment rate drops

The markets closed higher with the Dow gaining 46 points to 17,910 as the nation's unemployment rate fell to 5.0%. Nasdaq climbed 19 points to 5,147.


On the upside


ChannelAdvisor (NYSE: ECOM) narrowed third quarter losses and revenue rose prompting an upgrade.


Constellium (NYSE: CSTM) fell to a loss for the third quarter but revenue rose.


Lexicon Pharmaceuticals (Nasdaq: LXRX) narrowed third quarter losses more than expected and announced a collaboration and license agreement with Sanofi.

On the downside


Third quarter earnings and revenue for Sierra Wireless (Nasdaq: SWIR) fell short of expectations.


Marinus Pharmaceuticals (Nasdaq: MRNS) priced its public offering of 5 million common shares oat the discounted price of $6.00 per share.


Pixelworks (Nasdaq: PXLW) narrowed losses for the third quarter but revenue slipped to miss expectations.


In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE while advancers edged out decliners by more than 5 to 3 on Nasdaq. The broader S&P 500 held steady at 2,099. Bitcoin held steady at $368.

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