Consumer Cos Climb on Holiday Sales Optimism -- Consumer Roundup

Consumer companies rallied amid optimism about potential for holiday sales.

New jobless claims rose 2,000 from a revised 203,000 in the prior week, the government said.

Carnival stock was rising after the cruise line reported a better-than-expected quarter and noted vacation demand remained strong.

CarMax shares rose sharply after the used-car retailer reported sales ahead of expectations. CarMax had struggled to grow profits during the inflationary era as customers commanded high prices for trade-in vehicles.

Sneaker maker Nike rose ahead of its quarterly earnings report.

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(END) Dow Jones Newswires

12-21-23 1659ET