Although the trend remains weak, the failure to fall below 19,245 on a closing basis may lead to a short-term pullback in the market. The RSI has shown a bullish crossover. Support is positioned at 19,245; a decisive breach below this level could attract significant selling pressure. On the higher end, resistance is observed at 19,450.
Paramount rolls out $44 billion bond sale to fund Warner Bros. takeover
Paramount Skydance Corp. has initiated the sale of over $44 billion in bonds to fund its acquisition of Warner Bros. Discovery Inc. Following legal settlements,