Here are five key things investors should know to start their trading day:
1. Tick-tock
Stocks ended higher on Thursday after renewed investor confidence in the U.S. economy. Standard & Poor's 500 Dubai Financial Market Index rose 2.3% to close the session at 5,319.31, recording the best day for the broad market index since November 2022. Dow Jones Industrial Average The Dubai Financial Market index also rose by 1.76% to close at 39,446.49 points. Nasdaq Composite Japan's Nikkei gained the most percentage among all major indices, ending 2.87% higher at 16,660.02. The weaker yen against the US dollar also helped markets move higher during the session. Follow live market updates.
2. Labor market optimism
Job seekers attend the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena in Sunrise, Florida on June 26, 2024.
Joe Rydell | Getty Images
3. You get AI, you get AI
Teresa Heitzenreuther at the New York Stock Exchange
Courtesy of JPMorgan
4. In leadership
Rockwell Collins CEO Kelly Ortberg poses for a photo at the company's production facility in Manchester, Iowa, U.S., Wednesday, Aug. 31, 2016.
Daniel Acker | Bloomberg | Getty Images
Boeing Boeing Co. has officially named a new CEO. Aerospace veteran Robert Kelly Ortberg took the reins Thursday, seeking to restore the company’s reputation. On his first day as CEO, Ortberg planned to tour Boeing’s Renton, Washington, factory where the planemaker builds its 737 Max jets. The new CEO also planned to review safety and quality plans and address employees. “I can’t tell you how proud and excited I am to be a member of the Boeing team,” he said in a memo to employees Thursday. “While we clearly have much work to do to restore trust, I am confident that, working together, we will return the company to the industry leader we all expect it to be.”
5. billion box office
Home: Moana 2 trailer stills.
Courtesy of: Walt Disney Studios
It feels like three. Disney Movies could hit $1 billion at the box office this year. Pixar’s latest, “Inside Out 2,” has already surpassed that mark, making $1.5 billion at the global box office to become the highest-grossing animated film of all time. “Deadpool vs. Wolverine” could be next on the list. The first R-rated film in the Marvel Cinematic Universe has already broken records in its opening weekend and is expected to hit $1 billion before it’s even out. But that’s not all. Disney is set to release “Moana 2” on Thanksgiving. While its 2016 predecessor “Moana” grossed just under $700 million at the global box office, the excitement for more “Moana” content is expected to boost ticket sales later in the year.
— CNBC's Hakyung Kim, Jesse Pound, Jeff Cox, Hyo Sohn, Leslie Joseph and Sarah Whitten contributed to this report.
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