Stock Market Winners & Losers: S&P500 Rises as Investors Wait Tech Earnings | Home Sales had Their Worst June in 25 Years | Movie Sequels are Saving the Summer
The benchmark posted its best day in over a month, with Alphabet and Tesla reporting after the bell. General Motors beat expectations but shares dipped 4%. Around 20% of S&P 500 companies have reported, with 80% beating expectations.
Ethereum ETFs launch today, integrating crypto into the financial mainstream.
A new Las Vegas NBA team is set to be the most expensive US sports franchise, with costs nearing $7 billion. LeBron James and Red Bull's owners are interested.
Sales of previously owned homes fell 5.4% in June, the slowest pace since December. Mortgage rates dipped, shifting towards a buyer’s market with increased inventory and higher home prices at a median of $426,900.
Summer sequels are reviving the movie industry. "Twisters" made $80.5 million, and more sequels like "Deadpool & Wolverine" and "Gladiator 2" are expected. "Inside Out 2" and "Despicable Me 4" have seen major success.
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