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The S&P 500 rose 1.8 percent, pushing past its previous peak at the start of June and capping a big turnaround from a recent sell off in technology stocks.
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Stocks have shot higher over the past four trading sessions, and investors who are worried about missing out are piling into bullish options bets just to try to keep up.
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Novo Nordisk raised its financial outlook as it tries to catch up with rival Eli Lilly in the booming GLP-1 market.
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McDonald's sales in the US are slowing after deal fatigue cnn.comMcDonald's U.S. sales growth slows as value push falters Honolulu Star-AdvertiserMcDonald's Aims to Improve Service and Food, and Chose a New U.S. Boss to Help WSJMcDonald's says its U.S. business is falling short as it announces new head of its largest market CNBC
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McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
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US job openings slip to 7.4 million, but labor market remains resilient in face of fighting in Iran ABC News - Breaking News, Latest News and VideosJob openings dipped while hiring rose in June AxiosAmerica's labor market is beginning to find its footing again | CNN Business cnn.comUS Job Openings Edged Lower in June as Layoffs Remained Limited Bloomberg.com
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Revenue from advanced driver-assist systems is expected to surge from just $1.7 billion in 2023, according to a report by Oliver Wyman Forum. The firm also expects massive revenue growth in EV charging services.
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