5 Things to Know Before the Stock Market Opens — December 5, 2025

Here’s what traders are watching as the U.S. stock market gets ready to open on December 5, 2025: Stock futures nudged up slightly Friday morning, with futures tied to major indexes — the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite — all rising modestly. Markets are waiting on the latest data for the Personal Consumption Expenditures Index (PCE), the inflation measure preferred by the Federal Reserve; economists expect a 2.8 % year‑over‑year increase, a figure that could heavily influence the Fed’s upcoming rate decision. Meanwhile, major corporate headlines are making waves: Netflix just struck an $83 billion deal to acquire Warner Bros. Discovery’s studios and streaming services, sending Netflix shares down and spotlighting a major media consolidation. On the flip side, Hewlett Packard Enterprise saw its stock drop nearly 9 % after disappointing on both revenue and guidance. Not all the news is grim: Ulta Beauty surged after delivering strong quarterly earnings, with upbeat comments around holiday‑season sales boosting investor confidence. On the broader markets front, commodities and yields also saw movement — gold ticked up, and the 10‑year Treasury yield bumped toward a two‑week high, reflecting cautious optimism ahead of the inflation data release. #StockMarket #FedWatch #NetflixDeal #EarningsReport #SlimScan #GrowthStocks #CANSLIM