The Nasdaq Composite Index (^IXIC) and S&P 500 (^GSPC) are heading into the first full trading week of July from new highs. Monetary policy is in focus this week. Federal Reserve Chairman Jerome Powell is scheduled to testify before Congress, and Wall Street prepares for the June Consumer Price Index (CPI) report. Boeing (BA) pleads guilty to criminal fraud for violating a 2021 agreement reached after two fatal 737 MAX crashes. After months of fighting, Paramount Global (PARA, PARAA) finally agrees to merge with Skydance Media.
Trending stocks on Yahoo Finance include Palantir Technologies (PLTR), Intel (INTC) and Meta Platforms (META).
The featured guests are:
9:00 AM ET – Ed Mills, Managing Director, Raymond James
9:30 AM ET – Keith Lerner, Co-Chief Investment Officer and Chief Market Strategist, Truist
10:00 AM ET – Michael Kantrowitz, Co-Chief Investment Strategist, Piper Sandler
10:50 AM ET – Tom Wheeler, former Chairman of the Federal Communications Commission
11:50 AM ET – Lacey Garcia, CEO and Founder of Willow