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September 01, 2020 1:43pm
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Upbeat earnings lift markets

Upbeat earnings lifted the markets to a higher close with the Dow climbing 70 points to 21,082. Nasdaq gained 42 points to 6,205.


On the upside


Bargain hunters snapped up shares of SPI Energy (Nasdaq: SPI).


Modine Manufacturing (NYSE: MOD) reported better than expected earnings for the fourth quarter as revenue soared.


Guess? (NYSE: GES) narrowed first quarter losses more than expected.


On the downside


Genesco (NYSE: GCO) disappointed with sharply lower first quarter earnings that missed expectations.


Hornbeck Offshore Services (NYSE: HOS) will be replaced on the S&P SmallCap 600 by Time (NYSE: TIME).

Shares of Bristow Group (NYSE: BRS) extended its losses.


The broader S&P 500 climbed 10 points to 2,415. Bitcoin tumbled $44 to $2401.


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