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Closing Bell: Blue Apron Fumbles on Plant Closure; Dow at Another Record

A positive jobs report supported market gains.

A positive jobs report supported market gains through the day and pushed the Dow Jones Industrial Average to end with a perfect week of records. It was the Dow's eighth straight record close. The S&P 500 and Nasdaq also gained. The number of active rigs in the U.S. fell in the past week, according to Baker Hughes data. Rigs drilling for oil fell by one, while gas drilling declined by three. Crude oil settled higher for the session. Blue Apron (APRN) - Get Blue Apron Holdings, Inc. Class A Report tumbled this afternoon after announcing plans to close its Jersey City plant in October, a facility that employs 24% of its workforce. Affected employees have the chance to transfer to another Jersey plant. Yelp (YELP) - Get Yelp Inc Report rocketed higher after a better-than-expected quarter and after selling its Eat24 delivery service to GrubHub. Yelp sold that business for roughly double the price it paid around two years ago.

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