Here are some of the biggest movers of the day: Stock gainers: Paramount Global
PARA,
-4.96%
stock rose 3% and Netflix shares
NFLX,
-1.13%
rose 1%, as the Writers Guild of America said a tentative deal has been reached to end the screenwriters strike after nearly five months.
AstraZeneca stock
AZN,
+1.21%
rose 1% as Jefferies upgraded the U.K. drugmaker to buy from hold, saying R&D assets outside oncology are being largely ignored, Morgan Stanley separately said investors will reward earnings upgrade stories in AstraZeneca, Novo Nordisk
NVO,
+0.01%
and Novartis
NVS,
-0.93%,
the latter of which it upgraded to equal-weight from underweight. Stock decliners: Foot Locker shares
FL,
-1.50%
fell 3% as Jefferies downgraded the athletics apparel retailer, and Urban Outfitters
URBN,
-0.28%,
to hold from buy, citing its own survey of U.S. consumers that found the repayment of student debt will curtail consumer spending. Nike shares
NKE,
-0.81%
fell 1% as Jefferies also downgraded it to hold from buy, saying the wholesale channel is likely to remain pressured and growth in China faces macro headwinds.
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