AllMarket Update
logoArgusFebruary 11, 2021

Market Update: ACM, AVB, KO, SPH, LGND

Sector(s)
Utilities, Real Estate, Healthcare, Consumer Defensive, Industrials
Summary

Stocks were mostly higher on Thursday morning, led by the Technology sector, following new employment data. The Labor Department said that first-time claims for state unemployment benefits fell to 793,000 for the week ended February 6, down from a revised 812,000 a week earlier but above the Bloomberg consensus forecast of 760,000. The Dow was flat, the S&P rose 0.1%, and the Nasdaq rose 0.4%. Crude oil fell slightly to $58.50 per barrel, while gold traded near $1838 per ounce.

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