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September 01, 2020 10:18am
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Impressive jobs report boosts markets

The nation's economy added an impressive 211,000 jobs in November to send the markets soaring to close sharply higher with the Dow leaping 369 points to 17,847. Nasdaq jumped 104 points to 5,142.


On the upside


Rumors circulated that Relypsa (Nasdaq: RLYP) was being acquired.


Bargain hunters lifted shares of Acorn International (NYSE: ATV).


Fitbit (NYSE: FIT) maintained its status as the top wearables device in the third quarter.

On the downside


Falling crude oil price weighed down shares of Targa Resources (NYSE: NGLS) and Vanguard Natural Resources (Nasdaq: VNR).


FuelCell Energy (Nasdaq: FCEL) completed its 1-for-12 reverse stock split.


Shares of Dynegy (NYSE: DYN) extended its losses.


In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 leaped 42 points to 2,091. Bitcoin added $2 to $361.

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