Warner Bros. Closes at Lowest Since Dec. 4 | Closing Bell

Summary

The Closing Bell team recapped a risk-off U.S. trading session with major indices lower, oil prices higher, and Treasury yields up. They highlighted individual stock moves driven by analyst upgrades (Lumentum, Teradyne), antitrust news (Warner Bros. Discovery, Paramount), Netflix's post-earnings slide, and Sweetgreen's food safety selloff.

• S&P 500 fell 0.2%, Nasdaq also closed red, Dow down 0.6%; 337 S&P 500 stocks declined.
• Energy, communication services, and information technology were the only gaining sectors.
• Lumentum (LITE) jumped after Barclays upgrade to overweight with $1,000 price target.
• Teradyne (TER) rose on UBS price target raise to $500 and buy rating.
• Warner Bros. Discovery (WBD) and Paramount (PARA) dropped after a judge temporarily blocked the Skydance merger on antitrust grounds.
• Netflix (NFLX) extended losses as 27 analysts cut price targets following a forecast for slowing sales growth.
• Sweetgreen (SG) fell again on fears that a parasite outbreak will hurt consumer demand and raise costs.
• Treasury yields rose 3–4 basis points, with the 10-year just below 4.60%, pressured by higher oil prices.