5 things to know before the stock market opens Monday
Publishing timestamp: 2024-01-22 07:39:59
Summary
The S&P 500 closed at a record high, but the stock market may need specific conditions to continue rising. The Federal Reserve's management of inflation and potential rate cuts are important factors. This week, there will be key data points on the economy, as well as corporate earnings reports from various sectors. Florida Gov. Ron DeSantis dropped out of the 2024 presidential race, leaving former President Donald Trump with one major rival. Macy's rejected a $5.8 billion acquisition proposal. Sports Illustrated's future is uncertain as layoffs occur at its publisher.
Sentiment: NEUTRAL
Tickers: INTC, M, AAL, DIS, .SPX, UAL, LUV, ALK, PG, IBM, CMCSA, NFLX, TSLA, JNJ, LMT,
Keywords: southwest airlines co, tesla inc, business, business news, walt disney co, intel corp, american airlines group inc, markets, netflix inc, international business machines corp, investment strategy, united airlines holdings inc, procter & gamble co, comcast corp, alaska air group inc, johnson & johnson, economy, s&p 500 index, macy's inc, lockheed martin corp,
Source: https://www.cnbc.com/2024/01/22/5-things-to-know-before-the-stock-market-opens-monday.html