Here are the most important news, trends and analyses that investors need to start a trading day:
The trader works on the floor of the New York Stock Exchange (NYSE) in New York City on July 15, 2021.
Brendan MacDermid | Reuters
Workers will use hinges on the company’s largest commercial asphalt paver at the Calder Brothers facility in Taylors, South Carolina, USA, on July 19, 2021.
Branding Ranger | Calder Brothers Corporation | Reuters
last week, Employment data and revenue are major events that can drive the market. Three reports examining labor market health begin Wednesday with ADP’s July Private Sector Employment Report. Weekly surveys of the government’s first unemployment claims and July employment reports are published Thursday and Friday, respectively. More than a quarter of S & P 500 companies will announce quarterly results next week. Investors will notice signs of wage inflation in the number of jobs and signs of rising prices in their profit reports. The Federal Reserve Board of Governors believes that the sharp rise in inflation is temporary.
Aerial photographs show that construction is ongoing on July 28, 2021 in Los Angeles, California, on a replacement project for the Six Street Viaduct between Boyle Heights and downtown.
Mario Tama | Getty Images
Senator at a rare weekend session Completed the text Of their $ 1 trillion bipartisan infrastructure bill, it will be submitted to the Senate next.Bill, president’s top priority legislation Joe BidenIncludes $ 550 billion in new spending over five years on the construction of road and electric vehicle charging stations, and the replacement of lead water pipes.Many Democrats, including Senate majority leaders Chuck Schumer And Speaker of the House Nancy Pelosi We want to pass an infrastructure bill with a much larger $ 3.5 trillion budget adjustment package.
Drive-through site healthcare professionals set up by Tropical Park Miami-Dade and NomiHealth are preparing to receive the COVID-19 vaccine on July 26, 2021 in Miami, Florida.
Joe Ladle | Getty Images
In Florida, the increase in Covid infections caused by Delta is particularly serious.The day after recording the newest daily case since the pandemic in Florida on Sunday Breaking the current hospitalization record It was set over a year ago, before the vaccine became available. The average of new daily infections over the last 7 days in the United States has increased by 54% from a week ago.
Tenant and mortgage rights activists will protest rent payments and mortgage debt suspension on October 1, 2020, in the event of a coronavirus disease (COVID-19) in Los Angeles, California, USA.
Lucy Nicholson | Reuters
Eviction of a peasant farmer who was almost paused during the pandemic, Expected to increase Monday after the Federal Moratorium expires on the weekend. Friday lawmakers tried to pass a bill to extend the relief of peasant evictions for months, but failed. According to the Aspen Institute think tank, more than 15 million people live in households that owe $ 20 billion to their landlords.
Twitter CEO, Square co-founder and CEO Jack Dorsey will speak at the Bitcoin 2021 Cryptocurrency Conference at the Mana Convention Center in Miami, Florida, on June 4, 2021.
Marco Bello | AFP | Getty Images
square Plan to buy Australian FinTech Afterpay It is expected to expand into the booming installment loan market. Jack Dorsey’s settlement company announced a $ 29 billion all-stock transaction on Sunday night.The price tag is About 30% premium At the closing price of afterpay on Friday. Australia’s afterpay share closed almost 19% higher on Monday. Square shares fell 4% in pre-market trading on Monday in the US. Afterpay allows customers to pay in four interest-free installments and pay a fee if they miss an automatic payment.Also announced the square Second quarter results Sunday, prior to the previously planned Wednesday release.
5 Things You Should Know Before The Stock Market Opens Monday, August 2nd
Source link 5 Things You Should Know Before The Stock Market Opens Monday, August 2nd