Welcome to See King Alpha's Wall Street breakfast, your daily source of market news and analysis.

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Good morning. Today is Thursday, December 15th, and I'm your host Julie Morgan.

Our top stories.

Elon Musk sells more Tesla shares.

Warner Brothers Discovery is expecting higher restructuring costs.

Citigroup is getting out of the consumer banking business in China.

B Riley proposes debt restructuring for core scientific. Spirit and JetBlue are still on track.

Microsoft makes a new investment and Charter Communications is in our day watch. The Federal Reserve's latest interest rate decision sent investors scrambling on Tuesday afternoon,

with a volatile session eventually ending with modest losses.

The NASDAQ closed down nearly 0.8%. The S&P 500

finished down 0.6% and the Dow ended down 0.4%. 10 of the 11 S&P sectors finished lower, although most of the

declines were fractional to modest. Only financials, materials, and real estate dropped

more than 1%.

Health care recorded a slight gain.

Daniel Jones is a seeking alpha contributor and the manager of Avarring capital advisors.

He said mixed signals are bound to cause gyrations in the market and it's likely

that investors are fearful of the Federal Reserve overshooting on interest rates should

inflation continue to ease.

Following its regularly scheduled policy meeting, the Fed announced that it would raise

its key rate by 50 basis points, matching the amount that most experts had predicted.

However, the projections that accompanied the rate announcement,

...