5 Things To Know Before The Stock Market Opens

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Amara

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Jul 18, 2024
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Market Rally
The S&P 500 surged 1.08% on Monday, its best day since early June. The Nasdaq Composite rose 1.58%, while the Dow added 127.91 points. Major tech stocks like Nvidia, Meta, and Alphabet saw significant gains.

GM Earnings
General Motors exceeded Wall Street's Q2 earnings expectations and raised its financial targets for the year. However, it faced setbacks in China and delayed production of its autonomous vehicle.

Harris Campaign
Vice President Kamala Harris raised $250 million in campaign funds after President Joe Biden withdrew from the 2024 race. She received endorsements from key Democratic figures and grassroots donors.

Google-Wiz Deal
Cybersecurity firm Wiz backed out of a $23 billion acquisition deal with Google, opting for an IPO instead, partly due to antitrust concerns.

Comcast Results
Comcast reported mixed earnings, with strong growth in its streaming service Peacock but declines in its film studio revenue.