📈 Stocks / Finance

S&P 500 Hits Record, Dow Breaks 43k Milestone

Reuters

Wall Street closed higher as the S&P 500 and Dow Jones hit new record levels. The Dow topped 43,000 for the first time, rising 0.47%. Technology stocks, led by Nvidia's 2.4% surge, drove gains, while Boeing and Caterpillar fell on negative news.

GM and Barclays Sign Long-Term Credit Card Partnership

Reuters

General Motors and Barclays announced a long-term partnership allowing customers to earn and redeem reward points on GM vehicles, including EVs. Barclays will acquire GM’s credit card program, expanding its U.S. card footprint, with exclusive Mastercard issuance starting next summer.

Lucid Group Shares Slip as Analysts Maintain "Hold" Ratings

MarketBeat

Lucid Group's stock (NASDAQ: LCID) dropped 0.6%, closing at $3.38 with trading volume down 86% from the average. Analysts maintain a "Hold" rating, with target prices ranging from $3.00 to $4.00. The company reported a Q2 loss of $0.29 per share, missing expectations.

🪙 Crypto

Harris Backs Crypto and Cannabis in 'Opportunity Economy' Agenda

CoinTelegraph

Kamala Harris, U.S. presidential candidate, will promote cryptocurrency regulation and federal cannabis legalization as part of her "Opportunity Economy" agenda. Her campaign aims to support Black-owned businesses and protect crypto ownership through regulation, according to campaign statements.

🌎 Global Economy

Geopolitical Tensions and the Global Climate Challenge

World Economic Forum

Geopolitical conflicts, including trade tensions and political shifts, are complicating efforts to tackle climate change. However, experts argue that the decreasing costs of energy-transition technologies like solar power and green hydrogen provide optimism, despite these hurdles.

🗞️ Other Newsletters You Might Like

Essential stock market insights every day before the bell rings.