[ad_1]
Listed here are one of the essential story that financiers require to start their buying and selling day:
1. Yet one more day down
The S&P 500 and Nasdaq Composite moved lower for the second trading session in a row, extending their rough start to the trading month. The broad market index lost 0.16% to close out Wednesday’s session at 5,520.07. The tech-heavy Nasdaq slid even lower, falling 0.3% to finish at 17,084.30. On the flip side, the Dow Jones Industrial Average gained 0.09% to end the session at 40,974.97. Follow live market updates.
2. The cooling continues
A shopper walks past a hiring sign displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Alexandria, Virginia.Ă‚Â
Anna Rose Layden | Getty Images
3. Scoring returns
Brock Purdy, #13 of the San Francisco 49ers, prepares to take a snap in the first quarter against the Kansas City Chiefs during Super Bowl LVIII at Allegiant Stadium in Las Vegas on Feb. 11, 2024.
Michael Reaves | Getty Images
The National Football League is generating huge returns for its owners. The average team is worth around $6.5 billion today, with the higher valuations primarily due to the league’s media deals. And the teams’ owners have seen better returns on their initial investments than those from traditional stocks. Seven of the 10 past NFL teams to be sold have outperformed the S&P 500 in terms of percentage gains since the sales took place. Among the three that have underperformed, the Washington Commanders and the Denver Broncos were sold within the past two years, and the Miami Dolphins were last sold in 2009, a time when the market was still recovering from the 2007-08 financial crisis. Those teams are ranked 13th, 14th and 8th, respectively. Here is how the other teams rank on CNBC’s Official 2024 NFL Team Valuations list.
4. Not subpoenaed
A view of NVIDIA headquarters in Santa Clara of Silicon Valley, California, United States on August 28, 2024.Ă‚Â
Tayfun Coskun | Anadolu | Getty Images
5. It’s alive!
In Disney and Pixar’s “Inside Out 2,” Riley’s Sense of Self is made up of all of her beliefs, each of which can be heard with the pluck of a string. Sadness (voice of Phyllis Smith) and Joy (voice of Amy Poehler) deliver key memories to this formative land.
Disney | Pixar
— CNBC’s Samantha Subin, Sarah Min, Jeff Cox, Michael Ozanian, Kif Leswing and Sarah Whitten contributed to this report.
— Follow broader market action like a pro on CNBC Pro.
[ad_2]
Source link
