AllMarket Update
logoArgusOctober 04, 2023

Market Update: CCL, EXC, MKC

Sector(s)
Utilities, Consumer Defensive, Consumer Cyclical
Summary

Stocks were mixed on Wednesday morning amid continued concerns about rising Treasury yields and 'higher for longer' interest rates. Investors also weighed the ouster of House Speaker Kevin McCarthy, which raised prospects for another potential government shutdown next month. Employment data was lower than expected. Payroll provider ADP said that U.S. companies added 89,000 payroll jobs in September, down from 180,000 in August and below the Reuters consensus forecast of

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