Stock Market Winners & Losers: S&P 500 Hits Record to Start the Week | How to Land a Spaceship | ‘Big Spender’ High-Payroll Mets, Yankees, Dodgers Reach LCS
The S&P 500 hit a new record, gaining nearly 22% this year. Investors are closely watching upcoming earnings reports from Bank of America, Goldman Sachs, Johnson & Johnson, and Netflix. Meanwhile, rising Treasury yields, the Federal Reserve’s policies, and geopolitical risks in the Middle East are creating uncertainty.
Tesla unveiled a two-seat, self-driving “Cybercab” without a steering wheel, set to retail for under $30K by 2026, though shares dropped 8%. In baseball, the Mets, Yankees, and Dodgers, with the top payrolls, advanced to the League Championship Series, while the Cleveland Guardians, with a much smaller payroll, also made the cut.
In space news, SpaceX successfully caught Starship’s booster using metal “chopsticks” in Texas, a key milestone for the U.S. space program. Starship, the largest rocket ever built, is critical for NASA’s goal to return humans to the moon and Elon Musk’s vision of sending humans to Mars, with five uncrewed test flights planned to Mars over the next two years.
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