Here are five essential things investors need to know to start the trading day:
1. In green
the Standard & Poor’s 500 It posted a record close on Monday to end the month and quarter. The broad market index rose 0.42% during the final trading session before October, closing at 5762.48. the Dow Jones Industrial Average It also posted a record close, rising just 0.04% to 42,330.15. The Nasdaq Composite advanced 0.38% to close in September. Follow live market updates as stocks enter the fourth quarter.
2. “One meeting after another”
Federal Reserve Chairman Jerome Powell holds a press conference after a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, September 18, 2024.
Tom Brenner | Reuters
3. Port strike
Workers picket outside the APM Container Terminal at the Port of Newark in Newark, New Jersey, United States, on Tuesday, October 1, 2024.
Bloomberg | Bloomberg | Getty Images
4. Next steps
A woman walks inside the Nike House of Innovation NYC on Fifth Avenue in New York City, United States, June 17, 2024.
Shannon Stapleton | Reuters
It’s time to put your best foot forward. Nike It reports its quarterly results after the bell on Tuesday, weeks after the sneaker giant announced it would replace CEO John Donahue. The company was weathering declining sales after a strategy of selling directly to consumers backfired. Weak relationships with wholesalers have made space on shelves for upstart competitors like On Running and Hoka. Investors will tune in Tuesday for details on executive turnover, innovation and stocks.
5. Setting goals
Lionel Messi #10 of Inter Miami reacts during the second half of the match against St. Louis City at Chase Stadium on June 01, 2024 in Fort Lauderdale, Florida.
Megan Briggs | Getty Images
— CNBC’s Alex Haring, Hakyung Kim, Jeff Cox, Lori Ann LaRocco, Gabrielle Vonrug and Lillian Rizzo contributed to this report.
“Devoted student. Bacon advocate. Beer scholar. Troublemaker. Falls down a lot. Typical coffee enthusiast.”