US stocks (^DJI, ^IXIC, ^GSPC) sour on Thursday's post-rate cut gains, the market indexes hovering below their flatlines Friday morning. Madison Mills and Seana Smith examine the day's top industry stories while looking for key market catalysts.
Yahoo Finance's Brad Smith and Brooke DiPalma sit down to discuss what Nike's (NKE) CEO shakeup could mean for the apparel brand as CEO and president John Donahoe will be stepping down, his post filled by former Nike executive Elliott Hill in October.
Vontobel portfolio manager Markus Hansen and Greenwich Wealth CIO Vahan Janjigian join the program to argue whether growth stocks or value stocks should be the move for investors motivated by the Federal Reserve's interest rate cuts.
Vectis Energy Partners principal Tamar Essner also comes on to cover what OPEC's current oil production forecasts and the 2024 US election could mean for oil prices (CL=F, BZ=F).
Other top trending stocks on the Yahoo Finance platform include Constellation Energy (CEG), Microsoft (MSFT), ASML Holding (ASML), and Apple (AAPL) upon the release of the iPhone 16 on Friday.
This post was written by Luke Carberry Mogan.