Stock futures recover, government shutdown, Micron: 3 Things

US stock futures ( ES=F , NQ=F , YM=F ) are staging a slow recovery from yesterday's sell-off fueled by the Federal Reserve's latest interest rate cut and forecasts that illustrate the central bank's plans to cut less in 2025.

Backing President-elect Donald Trump's sentiments, Elon Musk is a pivotal voice in opposing House Speaker Mike Johnson's (R) proposed funding deal , intensifying worries of a government shutdown over this weekend right before the holidays.

Micron Technology ( MU ) shares fall lower after releasing fiscal second quarter revenue forecasts that fell below Wall Street expectations. Nike ( NKE ) is set to report earnings after Thursday's market close.

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This post was written by Luke Carberry Mogan .