Morning After the Sell-off, Micron Tumbles, Trump: Abolish the Debt Ceiling 12/19/24
Update: 2024-12-19
Description
Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about markets trying to rebound from Wednesday's Fed-fueled sell-off. Hear why Cramer
believes Fed Chair Powell "got it wrong." Micron shares tumbled on weaker guidance, which overshadowed a Q1 earnings beat. President-elect Trump told NBC News
he's in favor of abolishing the debt ceiling. The anchors discussed Elon Musk's role in the scuttling of a bipartisan spending deal aimed at avoiding a government shutdown.
Food for thought: Olive Garden parent Darden Restaurants surges on earnings, frozen french fry maker Lamb Weston plunges after replacing its CEO and slashing guidance.
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