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☆ At Camp Female Founders Fund in the Hamptons, women in tech and commerce toast another year of survival, deals, and Taylor Swift
▼ + stars: | 2024-07-24 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

Anu Duggal, a founding partner of Female Founders Fund, launched the event during the pandemic to assuage some of the loneliness founders felt. AdvertisementEmily Middleton and Anu Duggal of Female Founders Fund share a laugh onstage during their opening remarks. Yumi Matsuo StudioSince its pandemic beginnings, Camp FFF has evolved into a rare and necessary sanctuary where female founders can connect and sometimes commiserate. Yumi Matsuo StudioIn the tasting room, guests set down cups of cold brew and picked up notebooks before taking their seats. Anu Duggal of Female Founders Fund traded the venture capital uniform of a Patagonia fleece vest for a flamingo-pink pantsuit.

Persons: —, Candace Bushnell, Anu Duggal, Lydia Fenet, Emily Middleton, Yumi Matsuo, Middleton, ChatGPT, Poppy Harlow, Kyle Leahy, Glossier's, Emily Weiss, Leahy, Taylor Swift, Matsuo, Arey, Allison Conrad, Melanie Goldey, Amanda E, J Morrison, Julie Products, Hayley Barna, Barna, Birchbox, Christie Horvath, Horvath, Stephanie Horton, Marina Organizations: Service, Fund, FFF, Business, Tally Health, Google Locations: Southampton , New York, Patagonia

☆ 9 stocks to buy as historically cheap small caps rally during a risky earnings season: Bank of America
▼ + stars: | 2024-07-24 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

US small caps hadn't been down that long since the painful stretch from mid-2007 to early 2011. While smaller stocks languished, large-cap companies dominated, due in part to enthusiasm about their exposure to artificial intelligence. Bank of AmericaThis valuation discrepancy is no secret, so Bank of America believes the market rally will broaden beyond the mega-cap leaders as investors shift toward smaller stocks. Earnings expectations for small caps have tumbled in the last several months, Hall said, noting that analysts are no longer pricing in positive profit growth. "Guidance has still generally been weaker than average for small caps."

Persons: —, Jill Carey Hall, Russell, Hall, they'll, haven't, It's, everyone's Organizations: Service, Bank of America's, Business, Bank, America, Bank of America, Federal Reserve, —

☆ To understand what's going on in 'Deadpool & Wolverine,' read this quick recap of what's happened with the 'X-Men' characters since 2000
▼ + stars: | 2024-07-24 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +8 min

Read previewHugh Jackman has finally returned to play the iconic Marvel hero Wolverine, AKA Logan, in "Deadpool & Wolverine." Deadpool and Wolverine first crossed paths in 'X-Men: Origins - Wolverine'Ryan Reynolds as Deadpool and Hugh Jackman as Wolverine in "X-Men: Origins - Wolverine." Advertisement"X-Men Origins: Wolverine" is infamous among fans for its terrible depiction of Wolverine's history and key characters from the "X-Men" universe. It was a tongue-in-cheek way of wiping "X-Men Origins: Wolverine" from the history books. Hopefully, "Deadpool & Wolverine" will live up to fans' high expectations when it arrives in theaters on July 26.

Persons: —, Hugh Jackman, Wolverine, It's, Logan, Jackman, Ryan Reynolds, Fox, X, Patrick Stewart, Ian McKellen, Jean Grey, Famke Janssen, Reynolds, Wade Wilson, William Stryker, Danny Huston, Stryker, Deadpool, Michael Fassbender, Dafne Keen, Jean, He's, Yashida, Stewart, McKellen, Laura, Stefan Kapičić, Fox Reynolds, Ed Skrein, Josh Brolin, Russell Collins, Julian Dennison, Collins, Collins doesn't, Vanessa, Morena Organizations: Service, Marvel, Disney, Century Fox, Business, of Mutants, Studios Audiences, Force, Studios, Cable Locations: Logan, Canada, Japan

☆ Buy and hold these 5 attractively valued growth stocks for the next decade, the pros say
▼ + stars: | 2024-07-24 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Growth stocks have been rallying for most of this year, though they've been volatile recently. Investors rotated out of mega-cap tech stocks for smaller names last week, as expectations of rate cuts in September grow. But overall, growth stocks have still gained this year, with the large-cap Vanguard Russell 1000 Growth ETF still up nearly 20% this year. What are some of such stocks that are still attractively valued that investors can buy and hold for the next 10 years? CNBC Pro asked fund managers and other investors who focus on growth stocks for some ideas.

Persons: Russell, Deere, Big Tech Nick Griffin, it's Organizations: CNBC Pro, Carnegie Investment, Deere, Mastercard, Visa, Big Tech, Munro Partners, Microsoft

☆ Nasdaq tracks for worst day since 2022 after Alphabet and Tesla fail to impress Wall Street
▼ + stars: | 2024-07-24 | by ( Krystal Hur | ) edition.cnn.com time to read: +2 min

New York CNN —Tech shares led a selloff Wednesday after lackluster earnings reports from two of the market’s most prominent heavyweights. The Nasdaq Composite declined 3%, on pace for its worst daily percentage decline since December 2022. The electric vehicle maker faces growing competition from established automakers domestically and internationally and a slowdown in EV sales growth. Wall Street has rotated out of the tech bigwigs that led stocks higher over the past year in favor of smaller stocks that have been beaten down by sky-high rates. The Russell 2000, which tracks the performance of US small-cap stocks, is up 9.3% for the month, outperforming the S&P 500’s 0.1% loss.

Persons: didn’t, Russell, cybercriminals, Biden Organizations: New, New York CNN — Tech, Nasdaq, Dow, YouTube, Federal Reserve, Investors, Bloomberg Locations: New York, China

☆ IBM shares jump on earnings and revenue beat
▼ + stars: | 2024-07-24 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

IBM shares rose 5% in extended trading on Wednesday, after the company reported second-quarter results that surpassed analysts' predictions. Earnings per share: $2.43 adjusted vs. $2.20 expected, according to LSEG$2.43 adjusted vs. $2.20 expected, according to LSEG Revenue: $15.77 billion vs. $15.62 billion expected, according to LSEG. Revenue increased 1.9% from $15.48 billion a year ago, IBM said in a statement. IBM said its software business brought in revenue of $6.74 billion, up 7% and more than the StreetAccount consensus of $6.49 billion. That was down 0.9% and below the $5.23 billion StreetAccount consensus.

Persons: Arvind Krishna Organizations: IBM, LSEG Revenue, Revenue, Palo Alto Networks Locations: LSEG, Montreal

☆ CNBC Daily Open: Wall Street looks past political uncertainty
▼ + stars: | 2024-07-23 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

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. Tech reboundThe S&P 500 posted its biggest gain since June 5, recovering from its worst weekly slide since April, as tech stocks rebounded led by Nvidia. The move allows Warner Bros. to retain some of its NBA broadcasting rights. However, the NBA may not want Warner Bros. as a media rights partner and could reject the company's matching rights, which could lead to a legal tussle.

Persons: Russell, CrowdStrike, George Kurtz, Mark Green, Andrew Garbarino, Berkshire Hathaway, Walter Cho, Joe Biden's, Kamala Harris Organizations: CNBC, Tech, Nvidia, Nasdaq, Dow Jones Industrial, Homeland Security, Microsoft, Delta Air Lines, Buffett, Warren, Bank of America, Apple, Boeing, Korean Air, Farnborough, NBA, Warner Bros, Discovery, National Basketball Association, Amazon Prime, Trump Locations: U.S, Berkshire

☆ Avoid the 'Magnificent 7' and buy these lesser-known stocks instead, wealth manager says
▼ + stars: | 2024-07-23 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

The so-called "Magnificent Seven" were among the hottest stocks last year, but one wealth manager says they are "wildly overvalued" and has his sights elsewhere. The Magnificent Seven comprises Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla , which continue to be in the spotlight thanks to the buzz around artificial intelligence. Other global stocks Global stocks Dennison is betting on include Fresenius Medical Care , a German health-care company, and Kazatomprom, a Kazakhstan-headquartered producer of uranium. "It is a top position in many pension portfolios and has become a value stock because of the strong Swiss Franc," he said. Value stocks are often cheaper than so-called growth stocks and typically trade at a lower price than what the company's performance indicates.

Persons: Tariq Dennison, Dennison, he's, Russell, Chow, Fook, Tencent, Goldman Sachs, Kazatomprom Organizations: GFM Asset Management, CNBC Pro, Apple, Microsoft, Nvidia, Tesla, Nasdaq, Value, Avantis U.S, Abercrombie, Fitch, Cadence Bank, Commercial Metals, KB, Jackson Financial, Warrior, MTR Corp, Global, Dennison, Fresenius, London Stock Exchanges, U.S, Nestle, Six Swiss Exchange Locations: U.S, China, Hong Kong, Kazakhstan, Swiss

☆ Stock market today: Stocks trade mixed as investors get ready for Tesla and Alphabet earnings
▼ + stars: | 2024-07-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Stock were mixed early Tuesday as investors awaited earnings from big companies. Markets are getting ready to pick through results from Tesla and Alphabet after the closing bell. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS stock moves were muted on Tuesday, with investors getting ready to go over earnings results from Tesla and Google parent Alphabet after the closing bell. Tesla and Alphabet are the first of the Magnificent Seven tech cohort to post second-quarter results.

Persons: —, Russell, Bill Adams, Adams Organizations: Service, Tesla, Google, Nasdaq, Federal

☆ 39% of Americans worry they can’t pay the bills
▼ + stars: | 2024-07-23 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

New York CNN —Many Americans regularly worry they won’t be able to make ends meet. Even higher percentages of Latino (52%) and Black (46%) Americans said they’re worried most or all of the time about making ends meet, according to the poll. More than half (55%) of those making less than $50,000 a year similarly worry about having enough money to meet expenses. Even higher percentages of Latinos (52%), Black Americans (44%) and those under the age of 45 (47%) say they’ve taken extra work. Others say they’ve cut back on driving (41%) and they are taking on credit card debt to afford necessities (37%).

Persons: they’re, it’s, ”, Angela Russell, Russell, – they’re, Greg McBride, they’ve, McBride, who’ve, “ I’ve, Joe Biden, CNN’s Ariel Edwards, Levy, Dana Elobaid Organizations: New, New York CNN, CNN, Centers for Disease Control, Prevention, Bureau of Labor Statistics, Bankrate, Ohio, Walmart, SSRS Locations: New York, Ohio, Cincinnati

☆ JD Vance repeatedly indicated in 2016 that he believed Donald Trump had committed sexual assault
▼ + stars: | 2024-07-23 | by ( Em Steck | Andrew Kaczynski | ) edition.cnn.com time to read: +3 min

CNN —Ohio Sen. JD Vance, the Republican vice presidential nominee, repeatedly indicated in 2016 that he believed Donald Trump had committed sexual assault, even suggesting in one TV segment that in a “he said, she said” situation Trump was less credible than one of his accusers. And at the end of the day, do you believe Donald Trump, who always tells the truth? Vance then suggested that the lawsuit, and the people funding it, was not about justice but about politics. They don’t reflect his views on President Trump today and haven’t for many years.”Trump has repeatedly denied claims of sexual assault. Repeatedly indicated he thought Trump committed sexual assaultVance’s defense of Trump marked a striking shift from his remarks in 2016 in the wake of the leak of the “Access Hollywood” tape, which showed the Republican presidential candidate making lewd and sexually aggressive remarks about women.

Persons: Ohio Sen, JD Vance, Donald Trump, Trump, Vance, Jessica Leeds, ”, ” Trump, E, Jean Carroll, “, CNN’s Wolf Blitzer, that’s, Russell Moore Organizations: CNN, Ohio, Republican, MSNBC, groping, Leeds, “, Trump, Ohio Republican, US Senate, Facebook, Southern Baptist Convention Locations: Leeds

☆ CNBC Daily Open: Tech rebounds, CrowdStrike tumbles, Wiz rejects Google
▼ + stars: | 2024-07-23 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

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. Wiz walks awayCloud security startup Wiz rejected a $23 billion acquisition offer from Google, opting instead to pursue an IPO. The move allows Warner Bros. to retain some of its NBA broadcasting rights. However, the NBA may not want Warner Bros. as a media rights partner and could reject the company's matching rights, which could lead to a legal tussle.

Persons: Kamala Harris, Russell, CrowdStrike, George Kurtz, Mark Green, Andrew Garbarino, Wiz, Hai Precision Industry —, Hong Organizations: New York Stock Exchange, CNBC, Tech, Nvidia, Nasdaq, Dow Jones Industrial, Homeland Security, Microsoft, Delta Air Lines, Google, NBA, Warner Bros, Discovery, National Basketball Association, Amazon Prime, Taiwan Semiconductor Manufacturing Corp, Hai Precision Industry, CSI, U.S Locations: New York City, U.S, Asia, Pacific, Taiwan

☆ The market is not the best predictor of interest rate cuts, says Neuberger's Holly Newman Kroft
▼ + stars: | 2024-07-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is not the best predictor of interest rate cuts, says Neuberger's Holly Newman KroftHolly Newman Kroft, Neuberger Berman managing director, joins 'Money Movers' to discuss the equity market's ability to power higher, whether it's time to rethink portfolios, and the expectations for the Russell 2000.

Persons: Neuberger's Holly Newman, Holly Newman Kroft, Neuberger Berman, Russell

☆ These 2 key metrics will signal whether small, unloved stocks will continue to beat the market, BofA says
▼ + stars: | 2024-07-22 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The firm is looking at specific levels for the 10-year Treasury yield and manufacturing PMI. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. New research from Bank of America outlined two specific criteria that could serve as signals the rally will continue. AdvertisementMeanwhile, manufacturing PMI fell to 48.5 in June. "The Manufacturing economy is in the second longest downturn in history with 21 months without two straight months of 50+ PMI.

Persons: —, SPW, Russell, Tom Lee Organizations: of America, PMI, Service, Bank of America, Treasury, 6.3ppt, Bank of America Global Research, Federal Reserve, Barclays Locations: outperformance

☆ Domino's Pizza CEO Russell Weiner goes one-on-one with Jim Cramer
▼ + stars: | 2024-07-22 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDomino's Pizza CEO Russell Weiner goes one-on-one with Jim CramerDomino's Pizza CEO Russell Weiner joins 'Mad Money' host Jim Cramer to talk consumer tredns, quarterly results, the appetite for pizza right now and more.

Persons: Russell Weiner, Jim Cramer, Pizza

☆ Domino's Pizza CEO Russell Weiner: Our job is to be consistent
▼ + stars: | 2024-07-22 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDomino's Pizza CEO Russell Weiner: Our job is to be consistentDomino's Pizza CEO Russell Weiner joins 'Mad Money' host Jim Cramer to talk consumer tredns, quarterly results, the appetite for pizza right now and more.

Persons: Russell Weiner, Jim Cramer

☆ A 'Trump trade' hedge using options
▼ + stars: | 2024-07-22 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

The reason this matters to investors is the so-called Trump trade. The stock market did very well following former President Donald Trump's victory over Hillary Clinton in November 2016, but smaller businesses, in particular, were beneficiaries. When we listen to some of the policy ideas that Trump has discussed, such as measures intended to protect smaller U.S.-based businesses, companies in the small-cap Russell 2000 index stand to benefit. Since the June 27 debate, the Russell 2000 has outperformed the S & P 500 by more than 6 percentage points. So, investors must acknowledge that if Trump's path to victory against Harris or a potential unknown pinch-hitter is less certain, then uncertainty must, by extension, apply to the Trump trade.

Persons: Joe Biden, Biden, Kamala Harris, Donald Trump's, Hillary Clinton, Trump, Russell, Harris, — Organizations: Trump, CNBC, NBC UNIVERSAL Locations: IWM

☆ Dover wisely shuffles its portfolio — and why we're upgrading a struggling consumer stock
▼ + stars: | 2024-07-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

M & A moves: Club holding Dover said Monday it will sell its Environmental Solutions Group business to Terex Corporation for $2 billion in cash. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Russell, We're, Terex, Dover didn't, we're, Elliott, Danaher, Jim Cramer's, Jim Organizations: CNBC, ., Stocks, Nasdaq, Dover, Environmental Solutions Group, Terex Corporation, buybacks, Honeywell, Starbucks, Street, Elliott Management, Semiconductors, Cadence Design Systems, Spotify, United Parcel Services, GE Aerospace, GM, HCA Healthcare, Jim Cramer's Charitable Locations: Dover, Nucor, Cleveland, Freeport, McMoRan

☆ Russell 2000 will see a 40% rally by the end of the summer, says Fundstrat's Tom Lee
▼ + stars: | 2024-07-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRussell 2000 will see a 40% rally by the end of the summer, says Fundstrat's Tom LeeTom Lee, co-founder and head of research at Fundstrat Global Advisors, joins 'Squawk on the Street' to discuss his thoughts on small-cap stocks, which stocks should outperform if a Democrat wins the general election, and more

Persons: Russell, Tom Lee Tom Lee Organizations: Fundstrat Global Advisors, Democrat

CNN —US Secret Service Director Kimberly Cheatle faced off Monday with angry lawmakers from both parties, who grilled her over the stunning security failures that led to the recent assassination attempt against Donald Trump. Before Trump took the stage at the rally, the director said, the Secret Service had been notified “between two and five times” that there was a suspicious person in the area. Democratic Rep. Ro Khanna pointed out that the Secret Service director who ran the agency when Reagan was shot eventually resigned from his post. Before Trump took the stage on July 13, the Secret Service had been notified “between two and five times” that there was a suspicious person in the area, Cheatle said. Female agents who were part of Trump’s Secret Service detail were photographed shielding the former president after the failed assassination attempt.

Persons: Kimberly Cheatle, Donald Trump, Cheatle, Trump, Jamie Raskin, won’t, ”, Ronald Reagan, Ro Khanna, Reagan, ” Khanna, “, ” Cheatle, Nancy Mace, ” Mace, James Comer, Jim Jordan, ” Jordan, Cheatle’s, Thomas Matthew Crooks, Crooks, didn’t, there’s, “ I’m, CNN Cheatle, ” Comer, Shontel Brown, “ You’re, rallygoers, Russell Fry, Raskin homed, Corey, Comperatore, President Trump, Butler, ” Raskin, Rep, Gerry Connolly, Connolly Organizations: CNN, Secret, Service, Rep, Democratic, Secret Service, America, GOP Rep, GOP, Trump, ” CNN, Republican, Democrat, FBI, ” Democratic Locations: Butler , Pennsylvania, Butler, South Carolina

☆ Investors are about to find out if the mega-cap tech rally is over
▼ + stars: | 2024-07-22 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Mega-cap tech stocks have a lot to prove with upcoming second-quarter earnings results. The long-term outperformance of mega-cap tech relative to small-cap stocks is being tested by slowing revenue growth. AdvertisementThe mega-cap tech rally hit a wall in recent weeks as investors turned their attention to small-cap stocks in a historic way. That's in stark contrast to the dominance of mega-cap tech stocks relative to small-cap stocks over the past one-, three-, five-, and ten-years. Investors will get their first taste of mega-cap tech earnings on Tuesday, with Tesla and Alphabet set to release their second-quarter results after the market close.

Persons: Goldman Sachs, —, Russell, David Kostin, Kostin, That's Organizations: Service, Vanguard, Growth, Tech, Investors, Microsoft, Apple, Amazon, Nvidia, Big Tech, Trump

☆ Domino's Pizza CEO talks weakness in international franchisee
▼ + stars: | 2024-07-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Monday interview with CNBC's Jim Cramer, Domino's Pizza CEO Russell Weiner discussed weakened guidance the company gave last week for its international business. The company said this is largely due to weakness in Domino's Pizza Enterprises, its largest international franchisee with stores that operate in Australia, New Zealand, France and the Netherlands, among other countries. According to Weiner, Domino's business in the U.S. is strong, and "value has never been higher," with increased orders on "on our delivery business, carry out business, every single income segment." "There are some people who don't like Domino's pizza. "And so, this is a great product for those folks, and we're bringing incremental eaters into Domino's Pizza."

Persons: CNBC's Jim Cramer, Russell Weiner, " Weiner, Domino's, Weiner, DPE, Cramer Domino's Organizations: Pizza Enterprises Locations: Australia, New Zealand, France, Netherlands, China, India, U.S

Ms. Harris seems almost certain to become the Democratic Party’s presidential nominee after President Biden’s decision not to seek re-election. He defeated Mrs. Clinton in 2016 in spite of her winning the popular vote by a wide margin. Ms. Harris has neither the political legacy nor the baggage of Mrs. Clinton. Mr. Trump, having served a turbulent term in office, is now a known quantity. Ms. Harris is Black and of South Asian descent.

Persons: Hillary Clinton, Kamala Harris, Ms, Harris, Biden’s, Clinton, Donald J, Trump Organizations: Democratic, Trump

☆ Boost your portfolio income with this options strategy, according to Bank of America
▼ + stars: | 2024-07-22 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Investors can generate portfolio income and benefit from price appreciation in their stock holdings with an options strategy — provided they do it right. In addition, if the strike price is sufficiently higher than the current price, the initial investor can benefit from the appreciation in the meantime. For instance, if the underlying stock falls short of the strike price, the premium can provide some cushion on the downside. Bank of America highlighted a call option with a strike price of $220 against Constellation Energy . Freshpet also made the grade, with Bank of America highlighting a call option with a $140 strike price.

Persons: Arjun Goyal, you'll, Russell, Freshpet, TD Cowen Organizations: Bank of America, Constellation Energy, Microsoft, Constellation, Bank of, Republican Locations: Virginia, Washington

☆ S&P 500 futures are little changed as investors await key earnings reports: Live updates
▼ + stars: | 2024-07-22 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

S&P 500 futures are near flat Monday night, with traders readying for earnings reports from major companies after the benchmark posted its best day in more than a month. Futures tied to the broad index sat near their flatline, as did Nasdaq 100 futures . The S&P 500 rose more than 1% for its best session since early June, while the Dow ticked higher by 0.3%. The S&P 500 was led higher by the information technology and communication services sectors, which gained roughly 2% and 1.2%, respectively. "If we get that bullish inflation report, I think you could see another leg higher in small caps and the banks."

Persons: Russell, Larry Tentarelli, Tentarelli, Mattel Organizations: New York Stock Exchange, Dow Jones Industrial, Dow, Nasdaq, Big Tech, Federal Reserve, Blue, Motors, Comcast, UPS, Technology, CNBC

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