'5 essential tips before the markets open on Monday'

Money | July 8, 2024, 6:24 a.m.

Investors are gearing up for another trading day as the S&P 500 and Nasdaq Composite continue to soar to new highs. The latest jobs report has sparked hopes for rate cuts from the Federal Reserve, and all eyes are on inflation data this week. In other news, Boeing has agreed to plead guilty to criminal charges in relation to two 737 Max crashes, with a hefty fine and compliance measures in place. Paramount Global and Skydance Media have finally reached a merger agreement, while President Joe Biden faces mounting pressure to drop out of the race after a lackluster debate performance. And Tesla is bouncing back, with its stock on the rise as the market remains volatile. Stay tuned for more live updates as the trading day unfolds.