What's News in Markets: Cautious Consumers, Dollar Retailers, Media Megadeal

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  Hey, listeners.

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  It's Saturday, December 6th.

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  I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Market,

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  our look at the biggest stock moves of the week and the news that drove them.

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  Let's get to it.

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  Hope everyone had a good Thanksgiving last week for those who observe.

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  This week, we got our first full trading week of December,

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  starting with a cryptocurrency slump and peppered with earnings reports and other corporate updates throughout.

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  including retailers and consumer companies.

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  More on which ones were the winners and losers, so to speak, in a minute.

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  And Friday brought us a nice big M&A surprise.

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  The winner of the rounds of bidding for Warner Bros.

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  Discovery was, drumroll please, Netflix.

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  But before I talk about how shares of all the players reacted, let's see how the indexes fared.

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