04:30 PM EDT, 09/12/2025 (MT Newswires) -- US equity indexes were mixed on Friday as investors reacted to the University of Michigan's consumer sentiment falling to its lowest level since May, coupled with rising medium-term inflation expectations.
* The University of Michigan's preliminary consumer sentiment index fell to 55.4 in September from 58.2 in August, below the Bloomberg estimate of 58, while one-year inflation expectations held steady at 4.8%, matching the Bloomberg poll. Five-year inflation expectations rose to 3.9% from 3.5%, above the 3.4% consensus.
* The likelihood of a 75-basis-point interest rate cut by the end of the year ended the session at 74.6%, while the chance of a 50-basis-point reduction stood at 20%, with no chance of rates remaining uncut at the Sept. 17 meeting, according to the CME FedWatch tool.
* October West Texas Intermediate crude oil rose $0.14 to settle at $62.51 per barrel, while November Brent crude, the global benchmark, was last seen up $0.43 to $66.80.
* Paramount Skydance ( PSKY ) is preparing a majority offer backed by the Ellison family for Warner Bros. Discovery ( WBD ) , The Wall Street Journal reported Thursday, citing unnamed sources. Warner Bros. shares rose nearly 17% before the close, making it the leading gainer on the S&P 500. Paramount Skydance ( PSKY ) stock ended 7.6% higher.
* Health officials in the Trump administration are reportedly planning to associate coronavirus vaccines with the deaths of 25 children, four sources told the Washington Post on Friday. Shares of Moderna ( MRNA ) declined about 7.4%, Pfizer ( PFE ) fell 4% and Novavax ( NVAX ) lost 3.6%.