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.