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US stock futures (ES=F, NQ=F, YM=F) are slipping Friday morning after the Personal Consumption Expenditures (PCE) price index rose by 2.8% in November, just 0.1% below economists' estimates
A government shutdown looms after House Speaker Mike Johnson's (R-La.) bipartisan spending bill was rebuffed by President-elect Donald Trump and Elon Musk, who Trump tapped to co-lead the proposed Department of Government Efficiency (DOGE).
Novo Nordisk (NVO) shares dive by over 20% in Friday's pre-market trading after its experimental weight-loss shot CagriSema helped patients lose less weight than anticipated in its clinical trial.
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This post was written by Luke Carberry Mogan.