Key Monday Market Insights: 5 Essential Factors to Consider Before Trading Begins
Money | July 1, 2024, 6:43 a.m.
Five key things investors need to know as they start the trading day include tech stocks leading the market in the first half of the year, with Nasdaq up 18.1% and S&P 500 up 14.5%. Boeing announced a $4.7 billion deal to buy back Spirit AeroSystems to improve safety and quality control. Disney and Pixar's "Inside Out 2" has become the first billion-dollar movie of 2024, highlighting the importance of the family audience. The Supreme Court overturned the Chevron doctrine, limiting the power of federal agency regulators, in a 6-3 decision. Despite the quiet Pride Month, the LGBTQ+ community continues to push for equality and visibility. Keep an eye out for the June jobs report coming this Friday as investors navigate through a holiday-shortened trading week.