To begin the trading day, investors should be aware of the following five important points:
1. over and over again On Monday, the Nasdaq Composite and S&P 500 achieved yet another record closing. The tech-heavy Nasdaq finished the day up 0.28% to close at 18,403.74, while the broad market index ended the day 0.1% higher at 5,572.85.
2. Focusing on Sun Valley This week, discussions over streaming’s future are dominating conversations in Sun Valley. Media and technology titans are gathering at a ski lodge in Idaho for Allen & Co.’s annual conference, which is referred to as “summer camp for billionaires” and starts on Tuesday.
3. Absolute fear Hollywood movie theatre owners are warning people. Theatre owners are concerned that the acquisition would lead to undue consolidation and exacerbate production problems after Paramount approved a merger with Skydance on Sunday.
4. There are lots of openings It appears that not all problems can be solved by artificial intelligence. Even though San Francisco’s real estate market has benefited from technology, the number of open offices in the city is still very high.
5. Experience my fury Even as inflation declines, consumers are still suffering from rising costs. And they’re expressing their annoyance in certain places.
Source (CNBC)