It could be another record-setting day.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
It could be another record-setting day.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Stocks colored green
1. Stocks colored green
In case you hadn't noticed, the S&P 500 hit a fresh closing high on Friday and it could continue rising today. U.S. stock futures are holding steady ahead of the open.
The Dow Jones industrial average is also within spitting distance of its all-time high set last week.
European markets are also inching higher in early trading, while most Asian markets ended the day with mild gains.
2. Verizon to buy Yahoo for $4.8 billion
2. Verizon to buy Yahoo for $4.8 billion
Verizon Communications Inc has agreed to pay $4.8 billion to acquire Yahoo Inc., according to a person familiar with the matter. The announcement will come before the start of New York trading hours, the source added.
The deal will end months of uncertainty about Yahoo's future after the company announced plans to review strategic alternatives in February.
The transaction would boost Verizon's AOL internet business, which the company acquired last year for $4.4 billion, by giving it access to Yahoo's advertising technology tools, as well as other assets such as search, mail, messenger and real estate.
3. Stock market movers
3. Stock market movers
Shares in Nintendo (NTDOF) took a sharp 18% drop on Monday after the company told investors it wasn't expecting a huge profit boost from its popular game, Pokémon Go.
Shares in Ryanair (RYAAY) are jumping by about 6% after the European budget airline said it plans to "pivot our growth away from U.K. airports" over the next two years to focus on expansions in Europe. This decision is a direct result of the U.K.'s vote to leave the European Union.
Ericsson (ERIC) stock is rising by about 4% after the company announced that long-time CEO Hans Vestberg left the firm and it's now searching for a new leader. The board of directors said in a statement that "the time is right for a new leader to drive the next phase in Ericsson's development."
4. Hillary Clinton's time to shine
4. Hillary Clinton's time to shine
The Democratic National Convention kicks off Monday in Philadelphia and lasts through Thursday.
Billionaire and former New York City Mayor Michael Bloomberg is expected to formally endorse Clinton at the convention.