US benchmark equity indexes are on track to close higher Friday on stronger-than-expected nonfarm payroll gains in April.
The Dow Jones Industrial Average gained 1.4% to 41,212.38, the Nasdaq Composite increased 1.4% to 17,966.13, and the S&P 500 climbed 1.6% to 5,693.12. All sectors rose, led by communication services and financials.
DexCom (DXCM) shares jumped 16%, the top gainer on the S&P. The company on Thursday maintained its full-year revenue guidance after delivering a Q1 sales beat.
United Airlines (UAL) shares rose 7.5%, the second-biggest increase on the S&P. The company's planned domestic partnership with JetBlue Airways (JBLU) is facing a pushback from its pilot union, Reuters reported Thursday, citing a letter. JetBlue shares jumped 8.7%.
GoDaddy (GDDY) shares fell 8.7%, the biggest drop on the S&P. Barclays and RBC cut their price targets on the stock after the company reported Q1 results late Thursday.
The 10-year US Treasury yield gained 9.5 basis points to 4.3%, while the two-year rate was up 13.1 basis points to 3.8%.
West Texas Intermediate crude oil for June delivery fell 1.5% to $58.34 a barrel.
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