What’s News in Markets: Soup Stock, AI Angst, Lululemon Rebound

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  Hey listeners, your money briefing is on a break,

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  but we'll be back with more personal finance information for you in the future.

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  Until then, here's the news moving markets this week.

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  Hey listeners, it's Saturday, December 13th.

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

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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.

• 00:27

  This week was Fed week, everybody.

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  The Federal Reserve announced its interest rate cut on Wednesday, a quarter point cut.

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  The central bank decision was a big headline of the week.

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  We also saw the continuing trend of AI anxiety,

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  concerns about the stability and longevity of the artificial intelligence boom,

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  which weighed on technology stocks.

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  I'll highlight a couple of those stocks in a little bit.

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  The NASDAQ and S&P 500 both ended lower for the week,

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  while the Dow managed to stay in the green, bolstered by the Fed's rate cut.

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  The Dow notched a weekly gain of roughly 1%.

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  The S&P lost 0.6%, and the NASDAQ fell 1.6%.

• 01:11

  It's that time of year again, guys.

• 01:17

  Christmas is around the corner, the weather's getting colder,

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