US stock futures (ES=F, NQ=F, YM=F) fall Thursday morning following the release of November’s November’s Producer Price Index (PPI) — which saw inflation rise more than expected for the month — and a rise of weekly jobless claims by 242,000.
Adobe (ADBE) shares slide further despite topping its fiscal fourth quarter earnings estimates while falling behind full-year guidance forecasts. Broadcom (AVGO) will report its fiscal fourth quarter performance after Thursday’s closing bell.
Meta Platforms (META) donates $1 million to President-elect Donald Trump’s inaugural fund. The 2024 election winner was named Time’s “Person of the Year” and is set to ring the opening bell on the New York Stock Exchange today.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Luke Carberry Mogan.
