The Washington Times

Stocks soar on surprisingly strong July job report

— Knight Capital jumped 28 percent after the company obtained an emergency credit line, according to news reports. The trading firm was responsible for stock market disruptions on Wednesday which will cost it $440 million. The stock had fallen 75 percent over the previous two days. On Friday, the stock rose 77 cents to $3.35.

LinkedIn shot up $13.55 to $107.06. The social media company reported that its second-quarter revenue increased faster than analysts had expected. LinkedIn also raised its full-year revenue forecast.

— Kraft Foods rose $1.50 to $40.53 after reporting a 5 percent jump in its second-quarter profit. Higher prices helped offset a drag from raw-materials costs and currency exchange rates.

— Zipcar plummeted $3.69 to $6.94. The stock reached an all-time low Friday after the car-sharing network reported lower-than-expected revenue in the second quarter and cut its annual revenue estimate.

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