Markets: News  

The major average peaked in the last half hour, the Dow Jones Industrial Average (-0.15%) stopping just shy of breakeven, while the S&P 500 (-0.19%) is still in second place.S&P 500 constituents Warner Bros. Discovery (WBD 14.33, +0.95, +7.10%), News Corp. (NWSA 20.57, +1.04, +5.33%), and eBay (EBAY 48.47, +1.78, +3.81%) pepper the top of today's action. WBD follows peer AT&T (T 20.28, +1.12, +5.85%) higher today, NWSA gains after news that R. Murdoch withdrew his proposal to merge Fox Corp. (FOXA 33.62, +0.95, +2.91%) and NWSA, while EBAY breaks out to five-month highs despite a dearth of corporate news.Meanwhile, NASDAQ (NDAQ 57.95, -3.97, -6.41%) is the second-worst performer following this morning's narrow earnings miss.