Morning Brief

How the latest Fed Cuts are effecting the markets

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Show notes

US stocks (^DJI, ^IXIC, ^GSPC) opened in negative territory, just one morning after the market rallied on the Federal Reserve's interest rate cut cycle and the S&P 500 and Dow Jones Industrial Average notched new record highs.
Takeaways

Stock futures (ES=F, NQ=F, YM=F) are flat after the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) rallied and closed at new record highs in Thursday's session.

Nike (NKE) CEO John Donahoe is stepping down to be replaced as president and chief executive by Elliott Hill.

Apple's (AAPL) new iPhone 16 officially goes on sale at retailers and Apple Store locations.

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