Essential Stock Market Updates: 5 Things Investors Should Know Before Trading Begins

Money | July 9, 2024, 6:14 a.m.

Investors should pay attention to these five key points before diving into the trading day: 1. The S&P 500 and Nasdaq Composite achieved yet another record close, with the S&P rising by 0.1% and Nasdaq gaining 0.28%. The Dow Jones Industrial Average, however, moved 0.08% lower. Key inflation data later in the week may provide insight into the economy and potential Fed actions. 2. Customers are feeling the pinch of higher prices as inflation cools. Some businesses are adjusting pricing strategies, while others are focusing on cutting prices and offering new deals to attract customers. 3. The merger between Paramount and Skydance has Hollywood cinema operators concerned about consolidation and production issues, given a limited number of releases from both studios. 4. Despite the use of artificial intelligence in real estate, office vacancies in San Francisco continue to rise, reaching a record high of 34.5% in the second quarter. 5. Sun Valley is in the spotlight as investors keep an eye on key developments in the area.