Tech sector drags indices, Apple C-suite shake up, Paramount offer purchase offer withdrawn

Morning Brief hosts Brad Smith and Madison Mills guide investors through the market open, covering the biggest industry stories and talking to top Wall Street and economic experts.

Takeaways:

• Tech drags the S&P 500 and Nasdaq lower.
• Apple CFO Luca Maestri will step down at the beginning of 2025 and transition into a new executive role on Apple's Corporate Services team.
• Media mogul Edgar Bronfman Jr. withdraws $6B offer to acquire Paramount parent company National Amusements.

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

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