"Key Insights Before Today's Market Opens"

1 min read
Source: CNBC
"Key Insights Before Today's Market Opens"
Photo: CNBC
TL;DR

Major U.S. stock indices closed higher on Monday, with the Dow Jones hitting a record high. Fed Chair Jerome Powell indicated that interest rate cuts might come before inflation hits 2%. Former President Donald Trump made a public appearance at the Republican National Convention following an assassination attempt, and his media company's shares surged. General Motors may not meet its EV production target for next year, according to CEO Mary Barra. Apple released a public beta of iOS 18, featuring significant updates to core user interface elements.

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