Financial News

Industrial output soars, markets close higher

Industrial output surged 1.1% last month while factory output climbed 1.2%. The markets closed higher with the Dow climbing 72 points to 24,946. Nasdaq held steady at 7481.


On the upside


Shares of Zscaler (Nasdaq: ZS) more than doubled on its first trading day.


Teligent (Nasdaq: TLGT) reported better than expected revenue for the fourth quarter.


Amyris (Nasdaq: AMRS) narrowed losses for the fourth quarter significantly as revenue surged.

On the downside


Energy XXI Gulf Coast (Nasdaq: EXXI) fell to a loss for the fourth quarter on lower revenue.


Bitauto Holdings (NYSE: BITA) widened fourth quarter losses significantly.


Ladenburg Thalmann cut its price target on TC Pipelines (NYSE: TCP) from $59 to $50.


In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 4 points to 2,752. Bitcoin soared $225 to $8,519.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback