Govt. shutdown looms, Nike, Micron stock plunges

It’s another busy day on Wall Street. Today on Morning Brief, anchors Seana Smith and Brad Smith tackle the biggest market stories and speak to top Wall Street experts ahead of the opening bell. Our hosts analyze some of the top trending tickers: Micron (MU), Lennar (LEN), Nike (NKE)

Takeaways:

• Global stocks rattled by the Federal Reserve after the central bank said it’s likely to cut interest rates less than previously anticipated come 2025 amid concerns of persistent inflation.
• Chances of a government shutdown are increasing after President-elect Trump and Elon Musk lead the charge to kill government spending bill
• Micron stock plunges after earnings. Nike to report earnings after the bell.

Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions.

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Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.

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