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US stock futures (ES=F, NQ=F, YM=F) are staging a slow recovery from yesterday's sell-off fueled by the Federal Reserve's latest interest rate cut and forecasts that illustrate the central bank's plans to cut less in 2025.
Backing President-elect Donald Trump's sentiments, Elon Musk is a pivotal voice in opposing House Speaker Mike Johnson's (R) proposed funding deal, intensifying worries of a government shutdown over this weekend right before the holidays.
Micron Technology (MU) shares fall lower after releasing fiscal second quarter revenue forecasts that fell below Wall Street expectations. Nike (NKE) is set to report earnings after Thursday's market close.
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This post was written by Luke Carberry Mogan.