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News  ›  Benzinga

S&P 500 Flirts With Records, Netflix Drops After Warner Bros Deal: What's Moving Markets Friday?

Benzinga Logo Benzinga By Piero Cingari
S&P 500 Flirts With Records, Netflix Drops After Warner Bros Deal: What's Moving Markets Friday?

Major Wall Street indexes were slightly higher on Friday, supported by economic data suggesting potential Federal Reserve interest rate cuts. Netflix announced a deal to acquire Warner Bros. Discovery, while Adobe surged and other companies like Ulta Beauty reported strong earnings.

Insights
AMZN   negative

Included in the group of stocks losing market value


NFLX   negative

Stock dropped 3.5% after announcing Warner Bros. Discovery acquisition, with Paramount Skydance alleging potential auction bias