{"id":344452,"date":"2025-12-05T18:25:19","date_gmt":"2025-12-05T23:25:19","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=344452"},"modified":"2025-12-05T18:25:21","modified_gmt":"2025-12-05T23:25:21","slug":"wall-street-climbs-netflix-buys-warners","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/wall-street-climbs-netflix-buys-warners\/","title":{"rendered":"Wall Street climbs, Netflix buys Warners"},"content":{"rendered":"\n<p>The week ended with the American indices gaining modestly: the S&amp;P 0.19%, the Nasdaq 0.31% and the Dow 0.22%. For the week, the S&amp;P rose 0.3%, the Nasdaq 0.9% and the Dow 0.5%. Major movers included\u00a0<a href=\"https:\/\/stockchase.com\/ULTA-Q\">Ulta Beauty<\/a> surging 12.65% and <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna<\/a> 8.67%, but the biggest news came from Netflix announcing it will buy Warner Bros. Discovery in an historic deal that will further enlarge the streaming juggernaut. In a rare moment of unity, both the White House and Democrats immediately opposed\u00a0the deal, making the merger&#8217;s outcome uncertain. The street boosted <a href=\"https:\/\/stockchase.com\/WBD-Q\">Warner<\/a> shares by 6.28%, but sold <a href=\"https:\/\/stockchase.com\/NFLX-Q\">Netflix<\/a> by 2.89% and sank the losing suitor, <a href=\"https:\/\/stockchase.com\/PSKY-Q\">Paramount Skydance<\/a>, by 9.82%.\u00a0<\/p>\n\n\n\n<p>Despite a surprisingly lower unemployment rate of 6.5% in November, the Canadian index declined 0.53% on Friday and slipped 0.25% for the week. However, the TSX made a new record close just the day before. Only two sectors saw gains on the TSX, while healthcare and materials led the other nine sectors upwards. Key names: <a href=\"https:\/\/stockchase.com\/ARE-T\">Aecon<\/a> 4.93%, <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor<\/a> -2.5%, <a href=\"https:\/\/stockchase.com\/ATS-T\">ATS<\/a> 2.98%, <a href=\"https:\/\/stockchase.com\/OLA-T\">Orla Mining<\/a> -11.08% and <a href=\"https:\/\/stockchase.com\/BHC-T\">Bausch Health<\/a> -6.88%. In commodities, gold hovered around US$4,198 after slipping US$9, silver held at record levels of US$58.25, and WTI added 50 cents to US$60.15. <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> fell 3% to US$89,430. The U.S. 10-year yield edged up to 4.139%.<\/p>\n\n\n\n<p>&#x1f484; <a href=\"https:\/\/stockchase.com\/ULTA-Q\">Ulta Salon Cosmetics and Fragrance Inc. (ULTA-Q)<\/a> +12.65%<\/p>\n\n\n\n<p>&#x1f489; <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna (MRNA-Q)<\/a> +8.67%<\/p>\n\n\n\n<p>&#x1f4fa; <a href=\"https:\/\/stockchase.com\/WBD-Q\">Warner Bros. Discovery (WBD-Q)<\/a> +6.28%<\/p>\n\n\n\n<p>&#x1f4fa; <a href=\"https:\/\/stockchase.com\/NFLX-Q\">Netflix Inc. (NFLX-Q)<\/a> -2.89%<\/p>\n\n\n\n<p>&#x1f39e; <a href=\"https:\/\/stockchase.com\/PSKY-Q\">Paramount Skydance Corporation (PSKY-Q)<\/a> -9.82%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/ARE-T\">Aecon Group Inc (ARE-T)<\/a> +4.93%<\/p>\n\n\n\n<p>&#x26a1; <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor Energy Inc (SU-T)<\/a> -2.5%<\/p>\n\n\n\n<p>&#x1f69a; <a href=\"https:\/\/stockchase.com\/ATS-T\">ATS Automation Tooling Systems (ATS-T)<\/a> +2.98%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/OLA-T\">Orla Mining (OLA-T)<\/a> -11.08%<\/p>\n\n\n\n<p>&#x1f468;&#x200d;&#x2695;&#xfe0f; <a href=\"https:\/\/stockchase.com\/BHC-T\">Bausch Health Companies Inc. (BHC-T)<\/a> -6.88%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -3%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The week ended with the American indices gaining modestly: the S&amp;P 0.19%, the Nasdaq 0.31% and the Dow 0.22%. For the week, the S&amp;P rose 0.3%, the Nasdaq 0.9% and the Dow 0.5%. Major movers included\u00a0Ulta Beauty surging 12.65% and [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":343920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-344452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=344452"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344452\/revisions"}],"predecessor-version":[{"id":344453,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344452\/revisions\/344453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/343920"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=344452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=344452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=344452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}