Benzinga·2025-12-17 01:09Labor Market Overview - The U.S. labor market showed signs of cooling in November with nonfarm payrolls rising by 64,000, which is only modestly above expectations and weak by historical standards, while the unemployment rate unexpectedly climbed to 4.6% [1] Stock Market Performance - The Dow Jones Industrial Average fell 0.6% to 48,114.26, while the S&P 500 dropped 0.2% to 6,800.26; the Nasdaq rose 0.2% to 23,111.46 [1] Tilray Brands Inc. - Tilray Brands Inc. saw a significant increase of 27.54%, closing at $13.94, after trading between an intraday low of $10.50 and a high of $14.55; the stock remains below its 52-week peak of $23.20 but above its 52-week low of $3.51 [2][3] - The rally was fueled by speculation regarding potential U.S. cannabis reclassification following comments from President Donald Trump and positive remarks from CEO Irwin Simon [3] Pfizer Inc. - Pfizer's stock fell by 3.48% to finish at $25.53, with intraday trading between a low of $24.92 and a high of $26.51; shares are below their 52-week high of $27.69 but above the 52-week low of $20.92 [4][5] - The decline followed a cautious long-term outlook, with a new 2026 forecast indicating slower growth due to fading COVID-19 revenues and potential losses of exclusivity, despite cost-cutting measures and a focused R&D pipeline [5] Netflix Inc. - Netflix Inc. increased by 0.85% to close at $94.57, trading between an intraday low of $93.32 and a high of $94.93; the stock remains below its 52-week high of $134.12 but above its 52-week low of $82.11 [6] - The rise in stock price was attributed to a new podcast partnership with iHeartMedia, which aims to broaden Netflix's audio and content ecosystem [6] Lennar Corporation - Lennar Corporation's stock slipped by 1.80% to settle at $117.57, with intraday trading between a high of $120.82 and a low of $116.70; shares are below their 52-week high of $153.48 but above the 52-week low of $98.42 [7][8] - The company reported fourth-quarter revenue of $9.37 billion, beating estimates, but adjusted earnings of $2.03 per share missed expectations; home sales revenue fell by 7% to $8.9 billion [8] - New orders rose by 18% year over year to 20,018 homes, and deliveries increased by 4% to 23,034, although affordability pressures and weak consumer confidence impacted results [8] Tesla Inc. - Tesla Inc. climbed by 3.07% to close at $489.88, reaching an intraday high of $491.50 and a low of $465.83; shares are at a new 52-week high of $491.50, significantly above the 52-week low of $214.25 [9][10] - The increase was driven by heightened enthusiasm around autonomy, robotics, and software, with a surge in interest in its robotaxi program and Optimus humanoid robots, alongside bullish commentary from analysts [10]