Stocks rose on news that consumer spending rose 0.4% in November. Boeing shares fell about 1.5% after the launch of the company's Starliner space capsule reached the wrong orbit. Shares of ViacomCBS rose 1% after the company said it took a 49% stake in Miramax Pictures. J.R. Whalen reports.
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Closing Bell Brief for Friday, December 20th

The top business headlines from The Wall Street Journal, three times daily. Whether it’s the latest on overseas markets, economic news out of Washington or closing numbers from Wall Street, you'll be in the know in a flash.

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Business

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Gains in major tech companies led all three major U.S. indexes to log a week of gains. But Intel shares drop on a disappointing outlook. Danny Lewis hosts.

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Magnificent Seven Tech Stocks Rebound

Plus: Federal regulators open new investigation into Tesla's December Autopilot recall. And Warren Buffett’s real-estate firm settles antitrust matter for $250 million. Danny Lewis hosts.



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Fresh Inflation Data Shows Prices Remain Stubbornly High

Plus: China’s ByteDance said it won’t sell its U.S. TikTok business. And, mining giant Anglo American has rejected a $39 billion takeover proposal from BHP. Kate Bullivant hosts.  



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Trump Allies Draft Plans to Blunt Fed’s Independence

Slowing growth in the U.S. economy and stubborn inflation drove down markets. The price tag on Meta’s planned AI investments drags down tech stocks. Alphabet to issue its first dividend. Microsoft earnings beat expectations. Danny Lewis hosts.



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Stocks and Bonds Tumble on Worries of Slower Growth and Firm Inflation

Plus: New York’s highest court orders a new trial for Harvey Weinstein. And Haiti’s prime minister formally resigns. Danny Lewis hosts.



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Closing Bell Brief for Friday, December 20th

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