December PCE, oil earnings, Walgreens dividend: Morning Brief
Morning Brief hosts Seana Smith and Brad Smith cover the day’s top market stories, including Walgreens's (WBA)suspension of its quarterly dividend and US stock futures (ES=F, NQ=F, YM=F) reactions to December's Personal Consumption Expenditures (PCE) index. The inflation data showed an expected increase in core prices in December. Intel's (INTC) fourth quarter earnings beat expectations as the company's weak first quarter guidance is also discussed. D.A. Davidson managing director Gil Luria also sits down to talk about Apple's (AAPL) fiscal first quarter results and provide insights on iPhone sales figures. Hedgeye energy risk management energy analyst Fernando Valle joins the show to discuss earnings releases from oil companies Exxon (XOM), Chevron (CVX), and Phillips 66 (PSX). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch
