<div id="readability-page-1"><p>Wall Street is mirroring yesterday's muted price action, with futures on all three major benchmarks inching lower ahead of the open. However, the rest of the day should be far from quiet; investors are eagerly awaiting the previously delayed personal consumption expenditures (PCE) price index, due out at 10 a.m. ET, especially as it relates to next week's interest rate decision. The University of Michigan's consumer sentiment survey and the Commerce Department's data on consumer spending will also move markets, which at this point are headed for a positive, albeit restrained week.</p> <ul>     <li>Time to buy the dip on <strong>Pure Storage stock</strong>. </li>     <li><strong>Urban Outfitters stock </strong>flashing historically bullish signal amid recent peak. </li>     <li>Plus, NFLX falls on WBD acquisition; and two stocks soaring after earnings. </li> </ul>  <p><img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/ov/futures-dec5.png/query-c2Z2cnNuPWRjOTBiZTA2XzI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="537" height="180" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/ov/futures-dec5.png/query-c2Z2cnNuPWRjOTBiZTA2XzI"/></p> <h2>5 Things You Need to Know Today</h2> <ol>     <li>The Cboe Options Exchange saw over 2.5 million call contracts and more than 1.2 million put contracts exchanged on Thursday. The single-session equity put/call ratio fell to 0.50, while the 21-day moving average remained at 0.58.</li>     <li><strong>Streaming giant</strong> <strong>Netflix Inc (NASDAQ:NFLX)</strong> is down 4.2% in electronic trading, after announcing the purchase of Warner Bros Discovery (WBD) for $72 billion in a cash and stock deal. Should these losses hold, the shares will hit their lowest levels since April, cutting into their 15.8% year-to-date lead. </li>     <li><strong>Rubrik Inc (NYSE:RBRK) </strong>is up 18.2% premarket, after the cloud data management company posted better-than-expected third-quarter earnings and revenue and trimmed its full-year loss forecast. No fewer than four analysts lifted their price targets after the event. Heading into today, the equity is up 7.7% year to date. </li>     <li><strong>Victoria's Secret &amp; Co (NYSE:VSCO) </strong>is surging before the bell, up 14.3% at last glance, after the company's narrower-than-anticipated third-quarter losses per share and revenue beat. The lingerie staple also lifted its full-year outlook amid strong holiday expectations. Hanging around breakeven for 2025, today's pop will push VSCO further into the black. </li>     <li><strong></strong>See what's coming up <strong>next week</strong> aside from rate-cut buzz. </li> </ol> <p><img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/ov/buzzdec5.jpg/query-c2Z2cnNuPTNjOTFiZTA2XzI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="822" height="239" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/december/ov/buzzdec5.jpg/query-c2Z2cnNuPTNjOTFiZTA2XzI"/></p> <h2>Bond Yields Surge in Japan</h2> <p>Stocks in Asia finished mostly higher, with the except of Japan’s Nikkei, which backpedaled 1.1% as the country’s 10-year Treasury yields climbed to just under 2%, their highest mark in almost two decades. Eyes were on Moore Threads, also known as “China’s Nvidia,” as it made its public trading debut. For the session, Hong Kong’s Hang Seng added 0.6%, China’s Shanghai Composite rose 0.7%, and South Korea’s Kospi led the gainers with an 1.8% pop.</p> <p>European markets are moving higher. Investors are digesting euro zone GDP data, which showed 0.3% growth for Q3, higher than the anticipated 0.2% rise. Russia-Ukraine peace talks and anticipation surrounding next week’s Federal Reserve meeting in the U.S. are also influencing sentiment. At last glance, London’s FTSE 100 is up 0.05%, France’s CAC 40 is 0.3% higher, and Germany’s DAX sports a 0.7% gain.</p></div>

NFLX

<p>Stock futures are slightly lower ahead of key economic data releases, including the PCE price index, consumer sentiment survey, and consumer spending data, which are expected to impact market movements and interest rate decisions. Netflix shares drop after acquiring Warner Bros Discovery, while Rubrik and Victoria's Secret stocks rise on positive earnings. Asian markets mostly rise, except Japan, due to bond yield increases. European markets are up, influenced by euro zone GDP growth and geopolitical factors.</p>

- Wall Street futures are slightly lower as investors await the delayed personal consumption expenditures (PCE) price index, crucial for next week's interest rate decision.  
- Netflix shares fell 4.2% following its $72 billion acquisition of Warner Bros Discovery, while Rubrik Inc and Victoria's Secret saw significant premarket gains after positive earnings reports.  
- Asian stocks mostly rose, except for Japan's Nikkei, which declined due to rising Treasury yields, while European markets reacted positively to better-than-expected euro zone GDP data.

Stock Futures Quietly Lower Ahead of a Data Dump