The S&P 500 and Nasdaq Composite closed at records on Friday, marking their third consecutive week of gains. However, the Dow Jones Industrial Average slid 0.6% for the week.
President-elect Donald Trump has reassured Federal Reserve Chair Jerome Powell that he plans not to remove him early from his term, which ends in May 2026.
The Syrian capital of Damascus has been taken by rebel forces, apparently ending the decades-long Assad family dictatorship. The opposition now faces the task of forming a new government.
In corporate news, the killing of United Healthcare CEO Brian Thompson has sent shockwaves through the industry, with companies reevaluating their executive security measures.
Baseball’s biggest free agent prize, Juan Soto, is set to join the New York Mets on a 15-year, $765 million contract.
Source: https://www.cnbc.com/2024/12/09/5-things-to-know-before-the-stock-market-opens-monday.html