Stock Market Update: Fed Speakers and Market Rally Drive Optimism

1 min read
Source: CNBC
Stock Market Update: Fed Speakers and Market Rally Drive Optimism
Photo: CNBC
TL;DR Summary

1. The Nasdaq, S&P 500, and Dow continue their positive streaks as investors await key earnings reports and updates from Fed Chair Jerome Powell. 2. WeWork files for bankruptcy, adding to its rapid downfall and leaving commercial real estate landlords in a tough spot. 3. The Hollywood actors' strike persists as studios' latest offer falls short, with artificial intelligence protections being a major sticking point. Negotiations are set to resume. 4. Nintendo benefits from the success of "The Super Mario Bros." movie, boosting sales of its Mario franchise. 5. The potential merger between the PGA Tour and LIV Golf faces uncertainty, with Fenway Sports Group, owner of the Boston Red Sox and Liverpool FC, rumored to be a potential investor.

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