- Gentlemen, start your drones: Judge’s ruling opens door for commercial use
- Soldier who hid, bragged about not saluting flag to be punished — in secret
- ‘Maverick’ of the seas: ‘Top Gun’ school for U.S. ship officers to launch
- Putin declares Sochi Paralympics open amid Ukrainian protest
- ‘In Jesus name, we pray’ sparks ire at Ohio council meeting
- Navy’s first laser weapon ready for prime time; drone killer to deploy this summer
- Billionaire backer: Rick Santorum ‘needs to be heard’ in 2016
- Obamacare fallout: 49 percent pessimistic; 45 percent ‘scared’
- DHS accused of holding U.S. citizen at airport, using emails to pry into her sex life
- Seattle socialist: Minimum-wage discussion skewed by ‘right-wing’ GAO analysis
Dow logs best January in nearly 2 decades
Investors will look for further clues about the strength of the jobs market Friday, when the closely followed monthly nonfarm payrolls report is published.
The yield on the 10-year Treasury note, which moves inversely to its price, was little changed at 1.99 percent.
Among other stocks making big moves:
• Under Armour gained $2.74, or 5.7 percent, to $50.87, after the company said its fourth-quarter earnings jumped 10 percent and the clothing company predicted revenue growth of at least 20 percent in each of the next two years.
• CononcoPhillips fell $3.09, or 5.1 percent, to $58 after the oil company said earnings fell as prices for oil and natural gas declined. The Houston-based company also said 2013 production would decline.
• JDS Uniphase added $2.11, or 17 percent, to $14.51 after the technology company reported stronger-than-expected earnings on improved revenue and margins late Wednesday.
• Constellation Brands slid $6.81, or 17.4 percent, to $32.36 after the Justice Department sued to stop Anheuser-Busch InBev’s proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona. Constellation, a liquor and wine producer, was set to expand as part of a side deal in the merger.
• Qualcomm Inc., a maker of chips for mobile devices, rose 3.9 percent to $66.02 after it said late on Wednesday that its earnings surged. Its revenue was boosted by growing global demand for smartphones.
• AP business writer Mark Jewell contributed from Boston.
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