In order to begin the trading day, investors need be aware of these five important factors:
1. Another two tariffs President Donald Trump’s announcement that the United States will impose 30% tariffs on the European Union and Mexico beginning in August caused stock futures to decline Monday morning.
2. There are large banks on deck Investors will be thinking about more than just trade headlines this week. In addition to quarterly results from non-financial companies like Netflix and United Airlines, major banks like JPMorgan Chase and Goldman Sachs will begin the second-quarter earnings season.
3. “Week of Crypto” Bitcoin continued to rise overnight as investors continued to pour money into bitcoin ETFs, reaching fresh highs and breaking $120,000 for the first time early Monday morning. The cryptocurrency had risen above $122,000 earlier in the day and was now trading at $121,921 at 6:20 a.m. ET.
4. Battles for talent Google revealed on Friday that it will hire Varun Mohan, the CEO of artificial intelligence firm Windsurf, along with a number of other top staff members.
5. It is both a bird and a plane. The answer is “Superman.” In its first weekend of release, the Warner Bros. Discovery movie brought in $122 million in American ticket sales, which is the highest amount ever made by a Superman picture with a solo star.
Source (CNBC)
