Investors should be aware of the following five essential points before beginning the trading day:
1. Split up once again As investors continued to shift their portfolios from large technology stocks to smaller ones, the S&P 500 and Nasdaq Composite saw a decline on Thursday.
2. Signals of expansion During the second quarter, the U.S. economy expanded far faster than anticipated. In April and June, real gross domestic product increased 2.8% at an annualised rate that was adjusted for seasonality and inflation.
3. Trains are stopped After multiple “malicious” acts, including arson, were committed simultaneously at various sites across the nation’s high-speed rail network, train services in France were cancelled and delayed on Friday.
4. The Leading Pedigree In terms of initial public offerings, a new leader has emerged this year. An assumed valuation of almost $18 billion was used to raise $4.4 billion for Lineage, a temperature-controlled warehouse real estate investment trust (REIT).
5. A fresh search, a fresh day? Beware, Google—a new search engine might arrive soon. The search engine prototype known as SearchGPT, which OpenAI unveiled on Thursday, is being tested. Its goal is to provide users with “quick and timely answers with clear and relevant sources.”
Source (CNBC)
