MU Jun 2024 27.500 call

Tech sector growth, EU considers fining Apple: Morning Brief

It's a new trading week — and the last of June — so start Monday off right with Brad Smith and Madison Mills on Yahoo Finance's The Morning Brief as they guide investors through the top stock stories and the market's opening bell. MacroPolicy Perspectives Founder and President Julia Coronado joins the show to discuss the forecast on any Federal Reserve interest rate cuts ahead of Friday's PCE (Personal Consumption Expenditures) index data. Later, Commonwealth Financial Network CIO Brad McMillan talks about the tech sector (XLK) trends becoming apparent in the broader market (^DJI, ^IXIC, ^GSPC). European Commission regulators are suing Apple (AAPL) after finding its App Store payment practices in violation of the EU's Digital Markets Act. Several other top trending tickers on Yahoo Finance this morning, include bitcoin (BTC-USD), Target (TGT) and Shopify (SHOP), Eli Lilly (LLY), and Boeing (BA). This post was written by Luke Carberry Mogan.