It's been an eventful week for stocks, from Donald Trump's reelection in the 2024 presidential race to the Federal Reserve's latest interest rate cut. Seana Smith and Brad Smith cover this morning's biggest market stories to help investors start the trading day off right and ready for the weekend.

In a press conference yesterday, Fed Chair Jerome Powell affirmed that President-elect Trump had no legal power to remove or replace the central bank head before his term was up. Former Federal Reserve Bank of Richmond President Jeffrey Lacker joins the program to speak more on the situation.

Chipmaker Nvidia (NVDA) has joined the Dow Jones Industrial Average (^DJI), replacing Intel (INTC) in the index. Ritholtz Wealth Management chief market strategist Callie Cox, Yahoo Finance's Jared Blikre, and S&P Dow Jones Indices senior index analyst Howard Silverblatt all weigh in on this event.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Other top trending stocks on the Yahoo Finance platform include Tesla (TSLA), Airbnb (ABNB), Pinterest (PINS), Icahn Enterprises (IEP), Sony (SONY), Bank of America (BAC), and Goldman Sachs (GS).

This post was written by Luke Carberry Mogan.