Market indexes started the day strong but ended in the red, except for the Russell 2000. The Dow lost 215 points, the S&P 500 dropped 23 points, and the Nasdaq fell by 32 points. Bond yields rose to 4.17%, hinting at potential inflation in the economy.
Paramount Skydance made a $30 per share all-cash hostile bid for Warner Brothers Discovery after Netflix’s acquisition agreement. Toll Brothers reported Q4 results, missing earnings but beating revenue estimates. Despite building luxury homes, Toll Brothers cited soft demand, causing its stock to drop 4%.
Tomorrow, the JOLTS report for October is expected to show 7.2 million job openings, lower than previous months. Zacks is naming the Top 10 Stocks for 2026, with past picks outperforming the S&P 500. Discover the new top picks on January 5 for potential investment opportunities.
Read more at Nasdaq: Markets Mostly Lower on Inflation Uncertainty
