Stocks Up After Encouraging Jobs Report
But there were also reasons for caution. More than half the job additions came from hotels, restaurants, entertainment and retail, which are usually lower paying.
Among stocks making big moves:
â¿¿KB Home fell 64 cents, or 3.4 percent, to $18.07. Beazer Homes lost 18 cents, or 1 percent, to $17.22.
â¿¿Lululemon, which makes high-end yoga clothing, fell after the company said its founder and chairman plans to sell a large portion of his stock. The stock lost 95 cents, or 1.5 percent, to $63.55.â¿¿Newmont Mining was the biggest decliner in the S&P 500, hurt by a dip in gold prices. The stock lost $1.24, or 4.3 percent, to $27.78. â¿¿Restoration Hardware, which sells high-end home products, fell after disclosing that an unnamed group of stockholders plan to sell some of its shares. The stock lost $1.28, or 1.7 percent, to $74.65.
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