5 THINGS TO KNOW BEFORE THE STOCK MARKET OPENS

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Amara

Member
Jul 18, 2024
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1. Ready for Fed
Markets are awaiting the Federal Reserve’s interest rate decision. The S&P 500 and Dow Jones hit record highs but ended slightly lower. The Fed is expected to cut rates, but the extent—whether a 25-basis-point or 50-basis-point cut—remains uncertain.

2. Rate Expectations
The Fed has kept rates at a 23-year high. Analysts predict a rate cut but debate whether it will be a quarter-point or half-point. Attention will also be on future rate signals and economic forecasts.

3. Merger in the Air
Alaska Airlines and Hawaiian Airlines have been cleared for a $1.9 billion merger. They must maintain key routes and services, including frequent-flyer miles programs and support for rural areas.

4. What's Next for Big Tech?
Tech M&A activity has dropped significantly. With the upcoming election, Big Tech faces uncertainty in dealmaking, as regulatory policies remain unclear.

5.Snappy
Snap has launched its fifth-generation Spectacles AR glasses, available only to developers. The glasses feature digital overlays and are priced at $99 per month. Snap is also collaborating with OpenAI for AI tools.