Initial losses made up thanks to PCE inflation Nike and FedEx in focus

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Markus Koch Wall Street

Published on Streamed live on Dec 20, 2024
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For the Opening Bell+: https://bit.ly/360wallstreetpc * We are clearly seeing selling pressure, although PCE inflation in December was below Wall Street's expectations. A factor that could support Wall Street during the day. In terms of results, Nike shares are under pressure. The new management is sweeping with an iron broom and significantly lowering the outlook. FedEx reports figures that are slightly above target on the earnings side. What is fueling the share price is management's decision to spin off FedEx Freight to shareholders in an independent company. 00:00 Intro 00:25 Overview 02:30 Performance since Nov. Fear & Greed Index 05:45 Headwind factors (FED, dollar, politics) 11:45 Nike 16:02 FedEx US Steel 18:41 Novo Nordisk, Eli Lilly Intel 21:18 Super Micro, Dell Cosco Foxconn, Nissan 22:33 Outlook Japan 24:18 Merry Christmas *Advertising #financialmarket #openingbell

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