In today's recap, the market closed higher as the S&P 500 saw positive sector performance and low inflation rates. Commodity companies benefited from China's rate cut, while Comerica announced plans to wind down its mortgage operations. Microsoft's acquisition of Activision Blizzard was temporarily halted, a San Francisco mall operator stopped paying its mortgage, and Congress expressed concerns about a potential bond dump by China. Netflix plans to enter live sports and open a pop-up restaurant, while Disney faced film release delays. Former President Donald Trump has been indicted on 37 felony counts related to classified documents.