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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CPI Anticipation
Stock futures fell slightly as investors await the September CPI report, which is expected to show a 0.1% monthly increase. This data will guide the Federal Reserve's future decisions.

Federal Reserve's Split on Rate Cut
Federal Reserve officials were divided over a recent half-point rate cut, with some favoring a smaller cut. Despite a strong September jobs report, future rate cuts may not be as aggressive.

Delta Air Lines Earnings Growth
Delta issued Q4 earnings guidance of $1.60 to $1.85 per share, benefiting from strong travel demand, although the U.S. presidential election may impact revenue.

CVS and UnitedHealth Fight FTC Suit
CVS Health and UnitedHealth Group requested the removal of FTC Chair Lina Khan from a suit accusing the companies of inflating insulin prices due to alleged bias.

Hurricane Milton Hits Florida
Hurricane Milton made landfall as a Category 3 storm near Siesta Key, Florida, prompting evacuations and federal response efforts as it weakened to Category 1.