The Federal Reserve cut its benchmark interest rates by 25 basis points at its November meeting. The decision comes on a busy week in which former President Donald Trump won his reelection bid, and investors are digesting a flurry of earnings. Among the companies reporting quarterly results this afternoon are Airbnb (ABNB), Rivian (RIVN), Pinterest (PINS), Sweetgreen (SG), and Affirm (AFRM). Trending tickers on Yahoo Finance include AppLovin Corporation (APP), MercadoLibre (MELI), IonQ (IONQ), and Dutch Bros (BROS).
Key guests include:
2:00 p.m. ET - Emily Roland, John Hancock Investment Management Co-Chief Investment Strategist, Gregory Daco, EY Chief Economist, RJ Gallo, Federated Hermes Senior Portfolio Manager
2:20 p.m. ET - Esther George, Federal Reserve Bank of Kansas City former President and CEO
3:35 p.m. ET - Michael Pond, Barclays Capital Head of Global Inflation-Linked Research
4:10 p.m. ET - David Risher, Lyft CEO
4:20 p.m. ET - Dave Girouard, Upstart CEO
4:45 p.m. ET - John McCluskey, Alamos Gold CEO