Fed Rate Cut Hopes, Warner Bros. Discovery Drama: Market Wrap
Update: 2025-12-08
Description
US stocks opened the week on a downturn, with the Dow, S&P, and Nasdaq all experiencing losses. This followed gains from the previous week. Meanwhile, a major corporate drama unfolded as Paramounts hostile bid for Warner Brothers Discovery disrupted Netflixs acquisition plans, causing Netflix shares to drop. Investors are anticipating an interest rate cut from the Federal Reserve, with an 88% chance of a cut, following a mild consumer inflation report. Nvidia shares rose on news of potential approval for selling advanced chips to China.
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