Here’s your wrap for Mon, Dec 1 – Fri, Dec 5, 2025 (rounded to the dollar).

Weekly Market Summary:

U.S. stocks inched to the edge of all-time highs on Friday as the S&P 500 closed at 6,870.40, with the Dow 47,954.99 and Nasdaq 23,578.13 also higher. A cooler-than-feared core PCE (2.8% y/y) and easing inflation expectations boosted odds of a Fed cut next week, supporting risk appetite. Gainers were led by retail standouts (Ulta Beauty, Victoria’s Secret) after upbeat results and guidance, while SoFi slipped on a stock sale. Deal chatter helped media: Warner Bros. Discovery jumped on the back of a proposed Netflix mega-deal, even as Netflix itself pared back. Overall, it was a calmer week after recent swings, with breadth modestly positive and the big three indexes all logging weekly gains.

Five Stocks Worth Watching:

• Ulta Beauty (ULTA): Spiked on blowout earnings and strong holiday commentary.
• Victoria’s Secret (VSCO): Surged on upbeat outlook—retail momentum name into December.
• Warner Bros. Discovery (WBD): Popped on headlines around a proposed Netflix transaction; regulatory path in focus.
• SoFi (SOFI): Fell after announcing a $1.5B stock sale—ongoing capital and growth narrative to watch.
• Hewlett Packard Enterprise (HPE): Under pressure on softer revenue outlook; a read-through for enterprise IT demand.

What The Prediction Markets Says (As Of November 21, 2025):

• Polymarket — Will Polymarket US go live in 2025? (>99% chance)
• Kalshi — Fed decision in December? (94% to cut 25bps, 7% to maintains rate)
• PredictIt — Will Kash Patel leave office in 2025? (Yes @ $0.05, No @ $0.95)
• Smarkets — Overall World Cup 2026 Winner? (16.95% to Spain, 13.16% to England, 9.52% to Argentina)
• Manifold — New Harry Potter series cancelled before finishing? (14% to Yes, 86% to No)

Please note that stock market investments carry inherent risks, and past performance does not guarantee future results.

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