Today news
Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
Related News
Warner Bros Netflix Entertainment Digital Warner Bros Netflix

Stocks Stumble Into Bear Market Territory

Reading now: 369
variety.com

Todd Spangler NY Digital EditorWorries over high inflation continued to weigh on Wall Street Monday, as financial markets extended their slide and the S&P 500 crossed a key bear-market indicator.The S&P 500 index, which comprises 500 large public U.S.

companies, was down 3.7% as of 11:15 a.m. ET. Year to date, the index currently is off 21.6%, surpassing the -20% threshold that is the unofficial signal of a bear market.The broad stock sell-off — with every stock in the S&P 500 dropping Monday — comes after the U.S.

experienced its highest rate of inflation in May 2022 in four decades. The Dow Jones Industrial Average declined 2.8%, or nearly 900 points, on Monday, and the technology-centric Nasdaq Composite Index was down 4.5%.

Media and tech stocks have been sucked down in the market drop, with Monday’s losers including Disney (-3.8%), Netflix (-6%), Warner Bros.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA