Investors should be aware of the following five essential points before beginning the trading day:
1. Section two Tech stocks continue to lead the way as the first half of the year comes to an end. With investors enthused by the artificial intelligence frenzy, the tech-heavy Nasdaq Composite rose 18.1% in the first half of the year. Meanwhile, the S&P 500 gained 14.5%. With a rise of just roughly 3.8% thus far in 2024, the Dow Jones Industrial Average has lagged behind. For the month of June, all three indexes had rises.
2. Boeing Spirit In a $4.7 billion all-stock transaction, Boeing announced on Monday that it will repurchase Spirit AeroSystems, a manufacturer of fuselages. The transaction value of the agreement is $8.3 billion when Spirit’s debt is taken into account.
3. Strong emotions With all the feelings that accompany such an accomplishment, the next billion-dollar film has arrived. As of Sunday, the animated picture “Inside Out 2” from Disney and Pixar had earned $1.014 billion globally.
4. “Chevron is not upheld.” The so-called Chevron doctrine, which has instructed judges for forty years to defer to government agencies when attempting to interpret a law with ambiguous language, was overturned by the Supreme Court in a significant decision on Friday.
5. National Month of Silence In June of this year, a few businesses observed Pride Month with greater caution. Some businesses have become more silent about their diversity, equity, and inclusion initiatives, despite the fact that the month has historically produced a surge of rainbow-themed advertisements, posts, and other signals of support.
Source (CNBC)
