This morning's rally comes as more companies in Nevada announce layoffs.
The Oyo Hotel and Casino plans to lay off some of its employees starting on November 12.
Oyo Hotel to lay off employees
Credit: KTNV Channel 13 Las Vegas
Duration: 00:27s
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ANNOUNCE LAYOFFS.THE OYO HOTEL AND CASINO PLANSTO LAY OFF SOME OF ITSEMPLOYEESS STARTING ON NOVEMBER12TH.SO FAR AT LEAST 15 COMPANIESACROSS THE STATE HAVE ISSUEDWARNING NOTICES TO EMPLOYEES.THAT INCLUDES LIVE NATIONENTERTAINMENT WHICH WROTE IN ALETTER SAYING - IT HAS TOEXTEND ITS FURLOUGHS OFEMPLOYEES BEYOND THE SIX MONTHSTHEY ORIGINALLY PLANNED.P.F.CHANGS - ALSO ANNOUNCED LAYOFFSAT ITS LOCATIONS ON THE STRIP -HENDERSON AND IN RENO.THE PRESIDENT IS BACK