Crucial Updates to Prepare for Monday's Stock Market Opening

Money | July 15, 2024, 6:14 a.m.

The stock market saw record highs last week, with the Dow surpassing 40,000 for the first time since May. The S&P 500 and Nasdaq also had positive gains, with the Dow up 6.1% for the year and the S&P 500 rising 18% in 2024. Former President Donald Trump survived an assassination attempt at a rally in Pennsylvania, leaving one dead and two injured. Alphabet, Google's parent company, is close to acquiring cybersecurity firm Wiz for $23 billion, in what would be their largest deal to date. The housing market continues to boom, with sales in communities like Nexton in South Carolina seeing strong demand. Investors are eagerly awaiting second-quarter earnings reports from companies, hoping the positive trend in the market will continue.