Market Update: ISRG, MDC, VSH, YUM, CARR

Summary

Stocks were mixed on Thursday morning following new economic data. For the week ending February 3, initial jobless claims were 218,000, down from the previous-week’s revised 227,000. Ongoing unemployment was 1,871,000, a decrease of 23,000 from the previous-week’s revised 1,894,000. On the earnings front, shares of Arm Holdings (ARM) are up 58% on positive 4Q earnings and forward guidance. The Walt Disney Co. (DIS) rose 12% on an earnings beat and dividend raise. The S&P 500 was trading just below the flatline, the Dow was down 0.3%, while the Nasdaq was up 0.3%. Crude oil traded near $76 per barrel and gold fell $5 to $2046 per ounce.

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