S&P 500 Gains and Losses Today: Adobe Stock Falls as Guidance Blurs AI Outlook

Key TakeawaysThe S&P 500 slid 0.5% on Thursday, Dec. 12, 2024, following a report showing hotter-than-expected wholesale inflation data in November.Adobe shares tumbled as lackluster sales guidance provoked uncertainty about the multimedia software maker's traction in the AI market.Shares of Warner Bros. Discovery surged after the media giant outlined plans to separate its linear TV business from its film studio and streaming operations. Major U.S. equities indexes moved lower Thursday after the Producer Pr ...