Fed decision, Nissan & Honda, Dow’s longest losing streak
Description
We are half way through the trading week and all eyes are on the Federal Reserve as they are set to announce rate cuts. 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: Honda (HMC), Nissan (7201.T), Foxconn (601138.SS), Tesla (TSLA).
Takeaways:
- U.S. stocks’ futures are steady as the Fed is set to cut interest rates today.
- The Dow Jones sees longest losing streak since 1978.
- Nissan and Honda confirm reports they are in talks to merge, which would then make them the third-largest auto maker.
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Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.
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