Stocks were mostly higher after U.S. jobs gains in November solidified the chances of an interest rate hike in December. The likelihood of a rate hike when the Federal Reserve meets in just over a week currently sits at 95%. Banks reversed course, giving back some of the big gains achieved as President-elect Trump filled out his Cabinet this week. Banks such as Goldman Sachs (GS) and JPMorgan  (JPM) had rallied on what were seen as Wall Street-friendly Cabinet picks. Pandora  (P) surged on reports the company is considering a sale. The music-streaming service is reportedly open to negotiations with SiriusXM (SIRI) , which had previously made a play for Pandora. Teleflex (TFX) climbed after agreeing to acquire Vascular Solutions  (VASC) in a deal worth $1 billion. The deal is set to close in the first half of next year.

More from Video

Video: Don't Underestimate China's Strength in a Trade War

Video: Don't Underestimate China's Strength in a Trade War

5 Investing Podcasts Perfect For Your Beach Weekend

5 Investing Podcasts Perfect For Your Beach Weekend

Menswear Designer Joseph Abboud: From a Boston Suit Factory to Wall Street

Menswear Designer Joseph Abboud: From a Boston Suit Factory to Wall Street

Podcast: Why Trump Doesn't Want a Soft Brexit

Podcast: Why Trump Doesn't Want a Soft Brexit

Jim Cramer Reacts to Bank Earnings: JPMorgan, Citigroup, Wells Fargo and PNC

Jim Cramer Reacts to Bank Earnings: JPMorgan, Citigroup, Wells Fargo and PNC