This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here.

Happy Monday. This is TheStreet’s Stock Market Today for Dec. 8, 2025. You can follow the latest updates on the market here in our daily live blog.

Update: 9:36 a.m.

Opening Bell

The U.S. markets are now open for the week. The Russell 2000 (+0.32%) is in the green in anticipation of this week’s Fed meeting, where the central bank is widely expected to cut rates, granting small cap stocks a small reprieve.

Meanwhile, the tech-centric Nasdaq (+0.08%) has up a few basis points, while similarly-situated large cap indexes like the S&P 500(-0.06%) and Dow (-0.08%) are facing small declines.

The 10Y Treasury (+3.9 bips to 4.178%) is up.

Here are some of this morning’s stories:

Paramount Skydance Launches $30/sh Bid for WBD

Paramount Skydance has launched a competing offer for Warner Bros. Discovery, valuing the entertainment giant at over $108 billion. The fresh offer is likely to complicate an existing deal from Netflix, which offered to purchase the firm for over $82 billion last week.

PSKY was seen as an early contender in the two-part bidding war, thanks to the deep pockets of the Ellison Family, particularly Oracle CEO Larry Ellison, one of the world’s richest men. His son, David Ellison, is the Chairman & CEO of Paramount Skydance.

On the news, Netflix stock is down more than 3%. Paramount Skydance, by contrast, is up 3.5%. Warner Bros. Discovery is up 6.4%.

Mag7 Gyrate Yardeni Downgrade

After Yardeni downgraded Mag7 tech names, there hasn’t been much of a reaction. In fact, Microsoft (+1.22%) and Nvidia(+0.66%) are outperforming the index for the moment, even as Tesla (-2.03%), Google (-0.84%), and Meta (-0.83%) see a modest downturn.

This theme will be one to watch as the week progresses.

Here is the S&P 500 index as of 10:14 a.m. ET:

Update: 8:41 a.m.

A.M. Update

Good morning. It’s going to be a quiet Monday, with just a few earnings and economic reports slated for today — a sort of calm before the storm Fed Meeting.

That’s not to say that there isn’t some cloudiness today, though. Futures remain tepid after longtime tech bull Ed Yardeni now says that it’s time to underweight the Magnificent 7 tech stocks, adding a preference for the remainder of the S&P 500, as “every company is evolving into a technology company.”

That’s likely to be a big theme this week, especially as talk of a Fed cut looms. With a cut widely-expected by investors, the cards could already be set for small cap outperformance in the week ahead, particularly if tech peers respond to the commentary.

Here’s what else is on deck:

Earnings + Economic Data

Today, we’ll get a glimpse of Consumer Inflation Expectations from the NY Fed, which were last seen up 3.2% year-over-year. In tandem, there will be a 3-month and 6-month bill auction, along with a 3-year note auction this afternoon.

And on the earnings front, homebuilder Toll Brothers will report after the market closes today, making it the largest report of the day. The only other reports from firms over a $1 billion market cap will be Chinese financial services company Lufax Holdings, healthcare software Phreesia, Inc., and ‘digital presence’ software firm Yext, Inc.