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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Final Trading Session: Stocks are entering the last trading day of September, with the S&P 500 up nearly 1.6%, the Dow Jones up 1.8%, and the Nasdaq up 2.3% for the month. This session also marks the close of the third quarter.

Port Strike: Port workers along the East and Gulf Coasts are set to strike, potentially disrupting logistics and the flow of goods into the U.S. due to the lack of ongoing labor negotiations.

Latino Voter Dynamics: Vice President Kamala Harris is leading with Latino voters, but the margin has narrowed significantly compared to the 2020 election, largely due to economic concerns.

JPMorgan Chase's Stance: JPMorgan is ready to confront U.S. regulators over allegations regarding its fraud prevention measures in peer-to-peer payments, indicating a shift in the banking industry’s approach to regulation.

Hurricane Helene's Impact: The recent hurricane has caused severe damage across several southeastern states, resulting in significant flooding and power outages, as well as a reported 90 fatalities. The government is mobilizing resources for recovery efforts.