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 Gains: U.S. stock indexes saw significant gains on Thursday, with the S&P 500 jumping 2.3%, the Dow Jones rising 1.76%, and the Nasdaq surging 2.87%.

Jobless Claims Drop: Weekly jobless claims fell to 233,000, lower than expected, providing optimism despite recent concerns about the labor market.

JPMorgan AI Expansion: JPMorgan Chase introduced a generative AI assistant, LLM Suite, to over 60,000 employees, aiming for widespread use within the company.

New Boeing CEO: Robert "Kelly" Ortberg took over as CEO of Boeing, focusing on restoring the company’s reputation and addressing safety and quality issues.

Disney's Box Office Success: Disney could see three films hit $1 billion at the box office this year, with "Inside Out 2" already achieving this milestone and high expectations for "Deadpool & Wolverine" and "Moana 2