AllMarket Update
logoArgusDecember 07, 2023

Market Update: CIEN, REGN, TSN, CTVA, TDOC

Sector(s)
Basic Materials, Technology, Healthcare, Consumer Defensive
Summary

Stocks rose on Thursday morning as investors awaited the November employment report on Friday. Weekly unemployment claims were largely in line with expectations. The Labor Department said that first-time claims rose by 1,000 to a seasonally adjusted 220,000 for the week ended December 2, slightly below the Reuters consensus forecast of 222,000. Continuing claims fell by 64,000 to 1.861 million. Meanwhile, outplacement firm Challenger, Gray & Christmas said that U.S. employers announced 45,510 layoffs in November, up 24% from O

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