ABC News

The S&P 500 has climbed nearly 15% this year.

Where is the stock market headed in the 2nd half of 2024?

Markets Insider

The stock market is in for a correction, as a trio of unfavorable factors will weigh on equity prices, according to Sam Stovall, chief investment strategist of CFRA Research. The Wall Street veteran pointed to the strong performance of stocks so far this year, with the S&P 500 up 15% in 2024. However, the benchmark index is poised to dip 5%, he predicted, thanks to the bearish setup in interest rates, inflation, and stock valuations.

A stock market correction is coming as rates, inflation, and valuations darken the outlook for investors, strategist says

Reuters

(Reuters) - A look at the day ahead in Asian markets. Asian market trading on Monday kicks off the new week, quarter and second half of the year with investors' focus locked on a data-heavy economic calendar, especially the latest snapshot of Chinese factory activity.

Morning Bid: New quarter, same old China PMIs

US stocks slumped on Wednesday, with major averages down as bond yields rose as Nvidia shares wavered and investors eyed fresh economic data. Nvidia shares slid as much as 1.2% in early-morning trading before paring losses, trading about 0.25% higher shortly after the opening bell. The chipmaker lost over $400...

Stock market news: US stocks slide and bond yields rise as traders eye new economic data

TOKYO - Japan's factory activity stayed unchanged in June, a private-sector survey showed on Monday, amid lacklustre demand and as companies struggled with rising costs due to the weak yen.

Japan June factory activity unchanged amid higher costs, PMI shows

The Motley Fool

They may not get the headlines, but these companies are riding the AI wave to strong results.

2 Top Artificial Intelligence Stocks to Buy Right Now

At least 30 people are dead and more than 100 were left injured after multiple suicide bombings were carried out in Nigeria, sources said.

At least 30 dead, more than 100 injured after multiple suicide bombings in Nigeria

Georgia State

Masonville, NY

The victims were visiting Cooperstown, New York, for a baseball tournament.

5 family members killed in plane crash in upstate New York, police say

Flight UX045 experienced strong turbulence early Monday morning and safely landed after being diverted to Natal International Airport in Brazil, Air Europa said.

40 people injured after flight experiences heavy turbulence: Airport

Newark, NJ

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Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

Hurricane Beryl picked up power and speed Sunday as it churned in the Caribbean and was upgraded to a major Category 4 storm.

Hurricane Beryl latest: Where the storm is forecast to hit

Overall, June 2024 financial market conditions showcased significant market stabilization for the global economy. The World Bank’s projection of a 2.6% growth rate for the year signals the first steady market expansion and stabilization period in over three years. This comes despite various uncertainties and adjustments in the market following COVID-19 pandemic disruptions.

What's In Store for Markets in the Second Half of 2024?

Optimism in AI drove up Taiwan's stock market in the first half of 2024, making it the top performing market in Asia-Pacific so far this year. The stock markets in Thailand and Indonesia were the worst performing in the region, falling 8% and nearly 3% respectively in the first six months of the year.

Taiwan tops Asia's best-performing stock markets so far in 2024 — Japan is No. 2

As the Israel-Hamas war continues, negotiations have stalled to secure the release of hostages taken by the terrorist organization, and Israeli forces continue to launch incursions in the southern Gazan town of Rafah ahead of a possible large-scale invasion. Hostage speaks 1st time since release. Noa Argamani, one of four...

Israel-Gaza updates: Hostage speaks 1st time since release

ABC News reports on the dwindling clean water supply in one of the world’s largest cities, forcing many residents to resort to drastic measures.

Mexico City residents, faced with water crisis, resort to drastic measures

Chicago Happenings

What is more summery than an icy, sweet frozen drink? If the heat wave is getting to you, try whipping up this simple frozen strawberry lemonade. All you need is your choice of lemonade and some frozen strawberries. You can use store-bought lemonade, make your own from scratch, or a powdered version. As for strawberries, frozen ones are the easiest choice. If you'd rather use fresh, add at least two cups of ice until you reach a nice, frozen consistency.

2-Ingredient Frozen Strawberry Lemonade: Beat the Heat!

U.S. Treasury yields were higher on Monday as investors awaited key economic data due this week and digested the latest inflation insights. Yields and prices move in opposite directions and one basis point equals 0.01%. Treasurys. Investors considered the latest economic data and looked ahead to insights from the labor...

10-year Treasury yield climbs as investors look to data in week ahead

French stocks and the euro rallied Monday after results from the first round of elections suggested the far right will inflict a heavy defeat on President Emmanual Macron but fall short of winning an outright majority in parliament.

French election results boost stocks and the euro

New York City, NY

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The e-Texan

New York – As Trump anticipates his sentencing on July 11th in the New York hush money case, Florida Judge Aileen Cannon made a ruling this Monday. Despite rejecting Trump’s legal team's request to dismiss several charges in the classified documents case, she conceded on a minor point. She removed a portion of the charges that referenced an uncharged allegation, but upheld the other charges.

Legal expert says Trump should not be jailed after New York guilty verdict because he is ‘too old’

NewsBreak

Stock market today: Wall Street drifts, yields jump and Paris stocks soar as elections drive markets

NEW YORK -- U.S. stocks drifted to a mixed finish Monday, and yields jumped in the bond market as elections continue to drive swings in financial...

Stock market today: Wall Street drifts, yields jump and Paris stocks soar as elections drive markets

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