CNBC Daily Open: Trump assassination attempt

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

CNBC Daily Open: Trump ************** attempt

Traders work on the floor of the New York Stock Exchange during afternoon trading in New York City.

Michael M. Santiago | Getty Images

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.

What you need to know today

Trump ************** attemptThe

This is the hidden content, please

• Sign In
• or
• Sign Up

of former President

This is the hidden content, please

• Sign In
• or
• Sign Up

at a rally in Pennsylvania on Saturday left one attendee and the gunman *****, and two more attendees in critical condition. Trump was

This is the hidden content, please

• Sign In
• or
• Sign Up

and treated at a local hospital, but released late Saturday night. The FBI has

This is the hidden content, please

• Sign In
• or
• Sign Up

, now deceased, as 20-year-old Thomas Matthew Crooks of Bethel Park, Pa. He used a semi-automatic *******, according to NBC News. You can find more

This is the hidden content, please

• Sign In
• or
• Sign Up

. 

China’s Third PlenumChina’s real estate problems may be massive, but analysts expect the upcoming

This is the hidden content, please

• Sign In
• or
• Sign Up

to

This is the hidden content, please

• Sign In
• or
• Sign Up

and promoting advanced manufacturing. “The key challenge faced by Beijing is to find an alternative fiscal system, as the current one, which relies heavily on land sales, is under severe pressure due to the plunging land market,” Larry Hu, chief China economist at Macquarie, told CNBC. The much-anticipated delayed policy meeting, scheduled for Monday to Thursday, is a major gathering of the top members of the ruling ********** Party of China that typically happens only once every five years. CNBC’s Evelyn Cheng explains

This is the hidden content, please

• Sign In
• or
• Sign Up

Dow above 40,000, againThe

This is the hidden content, please

• Sign In
• or
• Sign Up

hit an all-time high and

This is the hidden content, please

• Sign In
• or
• Sign Up

, driven by gains in

This is the hidden content, please

• Sign In
• or
• Sign Up

and

This is the hidden content, please

• Sign In
• or
• Sign Up

, as investor sentiment shifts away from Big Tech towards some industrial stocks. The move was sparked by hopes of a Fed rate cut following a softer-than-expected inflation report. The

This is the hidden content, please

• Sign In
• or
• Sign Up

and

This is the hidden content, please

• Sign In
• or
• Sign Up

also rose, but at a slower pace than the Dow, which gained 1.6% for the week. The

This is the hidden content, please

• Sign In
• or
• Sign Up

also saw significant gains, rising 6%, amid increasing optimism for smaller companies. For further reading, CNBC’s Michael Santoli takes a look at the

This is the hidden content, please

• Sign In
• or
• Sign Up

and the pivot away from Big Tech.

This is the hidden content, please

• Sign In
• or
• Sign Up

’s biggest deal?

This is the hidden content, please

• Sign In
• or
• Sign Up

’s parent company

This is the hidden content, please

• Sign In
• or
• Sign Up

is

This is the hidden content, please

• Sign In
• or
• Sign Up

, an ******** cybersecurity startup specializing in cloud security, the Wall Street Journal reported, citing sources. The acquisition would be

This is the hidden content, please

• Sign In
• or
• Sign Up

’s largest ever. Founded in 2020, Wiz has quickly grown and secured investments from prominent firms like Sequoia Capital and Insight Partners. The potential deal reflects

This is the hidden content, please

• Sign In
• or
• Sign Up

’s increasing focus on bolstering its cybersecurity offerings and cloud computing capabilities.

Dimon inflation warningJPMorgan Chase CEO

This is the hidden content, please

• Sign In
• or
• Sign Up

despite recent easing in price pressures. He cited factors like large fiscal deficits, infrastructure needs, trade restructuring, and global remilitarization as ongoing inflationary forces. “Therefore, inflation and interest rates may stay higher than the market expects,” Dimon stated. His comments, made as the

This is the hidden content, please

• Sign In
• or
• Sign Up

, contrasted with recent market optimism fueled by June’s dip in inflation, which led to speculation of an interest rate cut. 

[PRO] Gearing up for electionsWith the U.S. presidential election approaching and stock markets at all-time highs, professional investors are emphasizing portfolio diversification to mitigate risks. Despite a brief downturn due to a rotation out of mega-cap growth stocks, the markets rebounded, setting new records. This is

This is the hidden content, please

• Sign In
• or
• Sign Up

The bottom line

Billionaires Elon Musk and

This is the hidden content, please

• Sign In
• or
• Sign Up

were quick to

This is the hidden content, please

• Sign In
• or
• Sign Up

after an ************** attempt on his life. Although Musk has been a vocal opponent of President Joe Biden’s reelection, he had not previously endorsed Trump. However, Bloomberg reported on Friday Musk made a “sizable” undisclosed donation to a pro-Trump super PAC. 

The ************** attempt on Saturday has

This is the hidden content, please

• Sign In
• or
• Sign Up

, according to investors cited by Reuters. Trump’s chances of winning the election have risen to

This is the hidden content, please

• Sign In
• or
• Sign Up

, according to political ******** platform PredictIt. 

Meanwhile, the Democrats are facing a crisis of confidence following President Joe Biden’s poor debate performance. As major donors are withholding funds, Senator Bernie Sanders has urged Democrats to “

This is the hidden content, please

• Sign In
• or
• Sign Up

” and unite behind Biden, even though he admits Biden is “not the ideal candidate.”

Politicians universally condemned the ************** attempt on Trump and corporate America echoed their sentiments. Apple CEO Tim Cook said on X, “

This is the hidden content, please

• Sign In
• or
• Sign Up

.”

This is the hidden content, please

• Sign In
• or
• Sign Up

Chief Executive

This is the hidden content, please

• Sign In
• or
• Sign Up

and

This is the hidden content, please

• Sign In
• or
• Sign Up

CEO

This is the hidden content, please

• Sign In
• or
• Sign Up

echoed similar sentiments. 

Before the latest political upheaval, much of the market was watching to see if Thursday’s

This is the hidden content, please

• Sign In
• or
• Sign Up

was more than a flash in the pan.

“Historically, when the market experiences a significant one-day rotation from large to small caps, the trend tends to continue for the following four weeks. When reviewing the top 5 instances, the largest 10 companies underperformed the rest of the market by -4.8% over the next month. Importantly, the S&P 500 advanced by 4.5% over the same *******,” UBS strategist Patrick Palfrey said in a note to clients.

Not everyone is convinced. For the market moves to be characterized as a rotation rather than a bounce, Wells Fargo analyst Christopher Harvey said better earnings expectations are needed. “We would embrace ‘rotation’ if we see stocks stop going down on bad news,” he wrote on Friday. “For now, we remain concerned about earnings, especially for SMID-caps.”

A so-called “great rotation” needs earnings optimism in addition to lower interest rate expectations, Harvey said. Though the

This is the hidden content, please

• Sign In
• or
• Sign Up

delivered on the rates front, he still sees concerns about corporate financials following

This is the hidden content, please

• Sign In
• or
• Sign Up

‘s

This is the hidden content, please

• Sign In
• or
• Sign Up

. “We see an oversold bounce, not a rotation,” he said.

With stock markets reaching all-time highs and the election months away, CNBC’s Lisa Kailai Han noted that professional investors have been

This is the hidden content, please

• Sign In
• or
• Sign Up

. 

— CNBC’s Brian Evans, Hakyung Kim, Alex Harring, Kevin Breuninger, Lisa Kailai Han, Jesse Pound and Rohan Goswami contributed to this report.

This is the hidden content, please

• Sign In
• or
• Sign Up

#CNBC #Daily #Open #Trump #************** #attempt

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up

For verified travel tips and real support, visit: https://hopzone.eu/