US market today: Wall street holds near record highs; Warner Bros bidding war lifts stocks ahead of Fed decision

The S&P 500 was largely flat in early trade and sat about 0.3% below its all-time high set in October, while the Nasdaq Composite edged up 0.3%, AP reported. Trading across the broader market remained subdued, with most stocks lower.The biggest action was centred on Warner Bros Discovery, which jumped 7.8% after Paramount took its bid to acquire the media group directly to shareholders. Paramount said it had offered $30 in cash per share, pitching its proposal as a faster and cleaner alternative for investo ...