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Argus

Argus

•

Nov 05, 2026

Market Update: NVO, LHX, QCOM, SBUX, UL, PSX, UBER, CARR, DASH

Sector(s)

Energy, Technology, Healthcare, Industrials, Consumer Defensive, Consumer Cyclical

Summary

The major indices are sharply lower at midday. The Nasdaq has entered correction territory and is down about 5%. The losses today are erasing the gains made yesterday in reaction to U.S. election and the Democratic sweep. Crude oil is at $90 per barrel. The yield on the 10-year

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