5 TO KNOW BEFORE THE STOCK MARKET OPENS

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Amara

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Jul 18, 2024
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Stock Market Rebound:
Stock futures rose after a tough week where the S&P 500 saw its worst performance since 2023, dropping 4.3%. Investors await inflation data this week, which will influence the Fed's potential rate cut.

Norfolk Southern CEO Investigation
Norfolk Southern’s board is probing CEO Alan Shaw regarding allegations of an inappropriate workplace relationship, following earlier challenges like the Ohio train derailment.

Boeing Labor Agreement:
Boeing has reached a tentative labor deal with the union representing 33,000 workers, offering a 25% raise over four years, averting a potential strike.

High-Priced Electric Trucks:
Electric trucks from Tesla, GM, Rivian, and Ford are priced at over $100,000, reflecting the broader increase in pickup truck prices.

Alzheimer’s Treatment Breakthrough:
The Alzheimer’s drug Leqembi by Biogen and Eisai is showing promise in slowing disease progression but faces challenges like risks of brain swelling and complex diagnosis processes