Think of a breakfast muffin with sausage and egg. Yep, that's the one. You can see it, can you?

Deep in your mind. Sausage, egg, cheese, muffin. I don't even need to say its name, do I?

Breakfast, done properly. Served until 11 a.m.

Hey listeners, it's Saturday, June 14th.

I'm Francesca Fontana for the Wall Street Journal, and this is What's News and Markets,

our look at the biggest stock moves of the week and the news that drove them.

Let's get to it.

The stock market started the week on a high note as trade talk optimism fueled gains in the

S&P 500.

And midweek, investors were digesting data suggesting that the U.S. economy may be getting

closer to an interest rate cut.

Friday was a different story.

Israel's attack on Iran and Iran's retaliation sent stocks dropping

on fears of a wider conflict. While the broader indexes were down, there were sectors that rallied.

Energy stocks followed oil prices higher, and defense stocks like Lockheed Martin gained. On a weekly

basis, all three major indexes ended lower.

The Dow fell 1.3%, the SMP 500 lost 0.4%, and the NASDAQ ended down 0.6%.

If you're familiar with the big TV streamers, you probably have gotten a good chuckle at all of the jokes and memes that came out after HBO Max's latest renaming.

Now it's Max. Nope. Now it's HBO Max. Back and forth. Now, it's parent company Warner Brothers

Discovery through another curveball R.A. A few years after AT&T's Warner Media Division and

Discovery combined forces, the resulting entertainment giant is now splitting up. On Monday,

the company announced that it plans to separate

...