Rabel marks the end of regulation.

Sonoco ringing the closing bell at the New York Stock Exchange in Sego doing the honors at the NASDAQ.

And stocks sliding today after a big rally over the past two weeks.

The Dow lower by 250 points, S&P 500, down half a percent.

The NASDAQ down a little less.

The Russell, just about flat, but today's losses merely denting a strong recent rally.

The S&P 500 had been higher nine of the last 10 sessions before today.

Friday it closed within 20 points, a third of a percent of an all-time high.

Now 10 of 11 sectors are lower today.

Communication services led lower by Netflix and Google, discretionary materials and energy, also losing

more than a percent.

Technology, the only sector in the green.

Chip stocks gaining the SMH semiconductor ETF, getting back within a tenth of a point of

its all-time high.

But the big stock story of the day is paramount, launching a hostile bid for Warner Brothers Discovery, offering

30 bucks a share. WBD stock closing right around 27 bucks. We're going to have more on that

coming right up. That's a scorecard on Wall Street, but winter stay late.

Welcome to closing bell overtime. I'm John Fort. Morgan Brennan is off today, but let's get

right to the

markets because we did see this recent rally, at least pausing today. Let's get more on the action

from Christina Parks and Nevelas at the NASDAQ. Thanks, John. It was a very stock-driven session today,

too. Tech was the only sector to close positive. Like you mentioned, comms or communication services,

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