US benchmark equity indexes are on track to close higher on Thursday after the US added 147,000 jobs in June, topping expectations.
The Dow Jones Industrial Average rose 0.7% at 44,811.23, the Nasdaq Composite advanced 1.1% to 20,613.27, and the S&P 500 gained 0.8% to 6,279.76. Technology led the gainers, while the materials sector was the lone decliner.
First Solar (FSLR) shares jumped 8.2%, the biggest gain on the S&P. Rivals Enphase Energy (ENPH) climbed 4.3%, SolarEdge (SEDG) gained 15% and Sunrun (RUN) jumped 16%.
Cadence Design Systems (CDNS) shares rose 5.3% and Synopsys (SNPS) gained 5.4%. The companies said that the US rescinded export restrictions on electronic design automation software to China.
EQT (EQT) shares fell 2.2% even after Wells Fargo and Tudor Pickering Holt raised their price targets on the stock.
The 10-year US Treasury yield rose 5.2 basis points to 4.34%, while the two-year rate increased 8.3 basis points to 3.88%.
August West Texas Intermediate crude oil fell 0.9% to $66.85 a barrel.
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