Stock Market Update

[BRIEFING.COM] The major averages continue to chart new session (and record) high levels as stocks advance this morning.

After a strong week coming into today's session, the energy sector (-0.1%) now holds a slight loss as crude oil prices have decreased $1.26 to $62.41, a decrease of 2.0%.

On the contrary, the health care sector (+1.4%) is the top mover today after several consecutive days of weakness. 

Shares of Centene (CNC 35.22, +3.95, +12.62%) trade sharply higher after the company reaffirmed its FY25 EPS guidance at an investment meeting. Shares of Molina Healthcare (MOH 190.54, +11.39, +6.36%) are also up in response. 

AbbVie (ABBV 220.17, +8.53, +4.03%) also holds a nice gain after settling litigation with all generic manufacturers that filed abbreviated new drug applications with the FDA for generic versions of upadacitinib tablets, which AbbVie markets as RINVOQ