Morning Brew: GEICO Drops Tesla Cybertruck, Pfizer Gains Activist Investor

The futures market is showing a downward trend this morning. The S&P 500 futures are down 24 points, the Nasdaq 100 futures have fallen 110 points, and the Dow Jones Industrial Average futures have decreased by 161 points.Stocks are drifting lower after a strong jobs report last Friday that fueled a rally. The labor market news has led to a reevaluation of how the Federal Reserve might approach interest rate cuts.Mega cap stocks are adding pressure to the Dow, S&P 500, and Nasdaq 100. Rising market interest ...