Amy Morris

That beat expectations.

Conference board chief economist Dana Peterson tells Bloomberg it's a modest gain.

The rise in confidence comes as recent data indicate the labor market is showing some signs of stabilization and inflation has been relatively tame.

Rally and tech firms spurred a rebound in stocks.

We check those markets for you all day long at Bloomberg.

The S&P 500 up 0.5%.

NASDAQ up 0.9%.

The Dow up 0.6%.

The 10-year Treasury yield at 4.03%.

The 2-year yield at 3.45%.

Checking Bitcoin, it is down a little less than 1%, around $64,000.

Novo Nordisk plans to slash the U.S.

list prices for its medicines Wegovi and Ozempic next year.

The Danish drugmaker set a monthly price of $675 across the board for its semaglutide family of medicines, a cut of as much as 50%.

Shares of Novo Nordisk now 3% lower.

Warner Bros.

Discovery, now considering a new takeover bid from Paramount Skydance, reported to be higher than the previous offer.

If the board decides it is superior to the bid from Netflix, then Netflix has four days to make a counteroffer.

So the Netflix deal does remain in effect, Warner Bros.

still recommends it, and has told investors not to take any action at this time.