5 things to know before the stock market opens

Listed below are 5 key issues traders must know to start out the buying and selling day:

All three main indexes kicked off the second half on a optimistic notice, posting good points for Monday’s buying and selling session. The tech-heavy Nasdaq Composite closed the session at a recent document, gaining 0.83% to finish at a excessive of 17,879.30. The S&P 500 and the Dow Jones Industrial Common additionally closed larger, with the broad market index gaining 0.27% and the Dow gaining 0.13%. The tech sector additionally completed with good points to start out the second half, shifting 1.3% larger. Tech shares Microsoft, Apple and synthetic intelligence darling Nvidia superior 2.2%, 2.9% and 0.6%, respectively. Comply with stay market updates.

Paramount World is making strikes on merger talks. In line with individuals accustomed to the matter, the corporate’s management is actively assembly with executives at different media and tech firms to discover merging Paramount+ with one other streaming entity and having the platform turn out to be co-owned. Folks accustomed to the matter additionally stated that Warner Bros. Discovery has expressed curiosity in a deal being reached, as a Max and Paramount+ combo may enhance their competitiveness with the array of platforms from Disney – specifically, Disney+, Hulu and ESPN – different platforms like Netflix. This comes after Warner Bros. Discovery beforehand held preliminary merger talks earlier this yr. A streaming deal, if reached, may result in different streaming partnerships throughout the media trade.

The Boston Celtics could quickly get offered. The crew’s possession group has introduced that it plans to promote it, with the controlling household of the group saying it intends to promote all of its shares within the crew “for property and household planning consideration.” The sale of a majority stake is anticipated to be accomplished by the tip of this yr or early subsequent yr, and the rest of the sale would shut in 2028, in accordance with an announcement. The sale mixed with the price of sports activities media rights may result in a valuation near a document $4 billion or extra, which is the quantity the NBA’s Phoenix Suns reached in 2023.

It seems like prime executives at Salesforce could not get a compensation plan. Traders have voted towards the plan after shareholder advisory teams expressed issues about fairness awards that CEO Marc Benioff had been granted. A regulatory submitting on Monday confirmed that 339.3 million votes have been made in favor of approving the plan, whereas 404.8 million votes have been made towards. That is even though the board had urged shareholders to help the decision. Nevertheless, two shareholder advisory corporations – Glass Lewis and Institutional Shareholder Companies – had advocated for placing down the decision. Earlier this yr, the board’s compensation committee gave Benioff a second long-term fairness award value $20 million for the corporate’s robust efficiency, amongst others.

The Supreme Courtroom has sided with Donald Trump. In a 6-3 ruling, the court docket selected Monday that the previous president has “presumptive immunity” for official acts he carried out as president. This throws a wrench into the election interference case introduced forth by particular counsel Jack Smith. Although, the previous president just isn’t immune for “unofficial acts,” the court docket dominated, with the bulk additional specifying that “not every thing the President does is official.” Because of this, the case might be despatched again to U.S. District Decide Tanya Chutkan. Now, the probabilities that the prison case towards Trump will head to trial earlier than the Nov. 5 election have been squashed.

— CNBC’s Brian Evans, Samantha Subin, Alex Sherman, Lillian Rizzo, Jordan Novet and Kevin Breuninger contributed to this report.

— Comply with broader market motion like a professional on CNBC Professional.