MARS is trading 3.1% up as advanced Paramount Skydance settlement discussions boost communication services.

  • The Nasdaq Composite is up 1.56%, while declining oil prices and Treasury yields are improving investor sentiment.
  • The discussions could clear a major obstacle to Warner Bros. Discovery’s approximately $110 billion merger with Paramount Skydance.
  • Warner Bros. Discovery and Paramount rose sharply in premarket trading.