Previous Close | 5,457.97 |
Open | 0.00 |
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Day's Range | 0.00 - 0.00 |
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It's Monday morning, and stocks (^DJI, ^IXIC, ^GSPC) are moving as if they're on their third cup of coffee ahead of the market opening. Seana Smith and Brad Smith help investors start the day off right, highlighting this morning's top business stories and previewing the biggest economic data prints and earnings reports expected out throughout the week. Raymond James managing director Ed Mills comes onto The Morning Brief to talk about how the markets could react to President Biden's willingness to stay in the 2024 presidential election. Boeing (BA) plans to plead guilty to a fraud charge tied to fatal 737 Max crashes from 2018 and 2019. Bloomberg Intelligence senior analyst George Ferguson expands upon the plea deal arranged with the Department of Justice (DOJ) and what it means for the aerospace company's stock value after a series of manufacturing issues from the beginning of 2024. Several other top trending stocks on the Yahoo Finance platform include Paramount Global (PARA) as the media company agrees to an $8 billion merger with Skydance Media; Eli Lilly (LLY) $3.2 billion acquisition of Morphic Holding (MORF); and French indexes (^FCHI, ^SBF120) in response to the country's snap election results. This post was written by Luke Carberry Mogan.
French stocks, as tracked by the CAC 40 index (^FCHI), are showing signs of recovery following the country's recent parliamentary elections. The second round of voting resulted in a win for the left-wing alliance, which secured the most seats. However, the outcome has led to a fragmented parliament, with no single party achieving an absolute majority. Yahoo Finance reporter Akiko Fujita delves into the details of the French political landscape and election results, offering insights into their impact on the financial markets. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This article was written by Angel Smith