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Record market close on upbeat jobs data

The markets posted record closes with the Dow soaring 88 points to set a new high of 16,924 on upbeat jobs data. Nasdaq climbed 25 points to 4,321.

On the upside 

TheStreet Ratings affirmed its Buy rating for Keurig Green Mountain (Nasdaq: GMCR).

Comtech Telecommunications (Nasdaq: CMTL) impressed with sharply higher third quarter earnings that nearly doubled to beat analyst expectations prompting the company to lift its full year revenue outlook.

UBS wrote that Quiksilver (NYSE: ZQK) would be a good acquisition target for VF (NYSE: VF).

On the downside 

Smith Micro Software (Nasdaq: SMSI) denied rumors that it was developing a smartphone product with Amazon.

SeaChange International (Nasdaq: SEAC) widened losses more than expected as revenue tumbled and the company forecast current quarter and full year revenue below expectations.

Profit taking weighed down shares of Just Energy Group (NYSE: JE).

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 gained 8 points to 1949. Bitcoin slipped $4.90 or 0.76% to $648.26.

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