Stock Market Update
08-Dec-25 15:00 ET
Major averages near session lows in late afternoon trade
Dow -293.40
at 47661.38,
Nasdaq -96.32
at 23481.84,
S&P -36.53
at 6833.86
[BRIEFING.COM] The S&P 500 (-0.5%), Nasdaq Composite (-0.4%), and DJIA (-0.6%) are a touch off of session lows as the market enters the final hour of the session.
Warner Bros. Discovery CEO David Zaslav told associates that the Ellison family behind Paramount Skydance (PSKY 14.34, +0.98, +7.33%) could raise a bid big enough to cover Netflix's (NFLX 96.60, -3.64, -3.63%) breakup fee, according to The New York Post.
In related news, Paramount Skydance CEO David Ellison says if his bid for Warner Brothers (WBD) wins, CNN will be merged into CBS News, according to CNN.
