Stock futures muted, American Airlines halts travel, Nippon Steel
Description
It’s a shortened trading day on Wall Street due to the Christmas holiday with the market closing at 1:00 pm ET. Today on Morning Brief, anchors Brad Smith and Josh Lipton 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: TSMC (TSMC34.SA) Starbucks (SBUX), Microstrategy (MSTR).
Takeaways:
- Stock futures are muted ahead of the shortened trading week. Tech and chip stocks lead the way pushing the NASDAQ up 1%.
- American Airlines (AAL) briefly grounded all flights nation-wide earlier today due to a technical issue.
- President Biden is set to decide the fate of Nippon Steel (NISTF) $15B bid for US steel before he leaves office.
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Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.
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