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Macro
US Stocks Close Higher; Netflix Slides on Acquisition News
12/05/2025, 22:06
AI SUMMARY
●S&P 500 and Nasdaq close the day with gains of 0.2% and 0.3% respectively
●Netflix stock falls nearly 3% following the $72 billion Warner Bros acquisition news
●Investors weigh the implications of the major media sector consolidation
The US stock market closed with modest gains, as the S&P 500 rose 0.2% and the Nasdaq gained 0.3%. The positive close reflects steady market sentiment following the day's trading session.
In related corporate news, Netflix stock declined approximately 3% following reports of its agreed $72 billion acquisition of Warner Brothers. Investors appear to be weighing the financial and strategic implications of this major consolidation within the media industry.