Nordstrom goes private, Nvidia shares down
Update: 2024-12-23
Description
The shortened trading week due to the Christmas holiday kicks off strong! Today on Morning Brief, anchors Brad Smith and Brian Sozzi 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: Nissan (7201.T), Honda (HMC), Palantir (PLTR).
Takeaways:
- Stock futures are mixed as the market is set to kick off a holiday-shortened trading week. Market action will likely be muted but many are hopefull a ‘Santa Claus rally’ will push the markets higher through the end of the year.
- Nordstrom (JWN) announced they are going private. The company will be acquired by the Nordstrom family and Liverpool (ELPQF) in an all-cash transaction valued at $6.25B on an enterprise basis.
- Nvidia (NVDA) shares down 3% in December. Shares had peaked for the year in November.
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Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.
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