Stocks are poised for a slightly higher open on Monday, the first look at how U.S. markets will react following the failed assassination attempt on former President Donald Trump.
Trump was recovering Sunday, a day after a shooting at a campaign rally in Pennsylvania that injured Trump and left one attendee dead and two others critically injured.
Investors aren’t showing heightened concern, as far as moves in stock futures are reflecting on Sunday. At 6:46 p.m. ET, Dow Jones Industrial Average futures gained 60 points, or 0.2%, the S&P 500 futures rose 0.1%; and Nasdaq Composite futures were up 0.1%.
Republicans are converging in Milwaukee this week to formally nominate Trump as their party’s presidential candidate. The Republican National Convention is moving forward as an investigation into the shooting continues.
Futures also were extending a rally that has lifted stocks to fresh highs this year, fueled by earnings and a surge in tech shares.
Forty-five S&P 500 companies report earnings this week, including BlackRock and Goldman Sachs on Monday.
Bank of America , Charles Schwab , J.B. Hunt Transport Services , Morgan Stanley , Omnicom Group , PNC Financial Services Group , State Street, and UnitedHealth Group report earnings on Tuesday.
ASML Holding , Citizens Financial Group , Crown Castle , Discover Financial Services , Elevance Health , Equifax , Johnson & Johnson , Kinder Morgan , Northern Trust , Prologis , Steel Dynamics , Synchrony Financial , United Airlines Holdings , and U.S. Bancorp all report earnings on Wednesday.
Abbott Laboratories , Alaska Air Group , Blackstone, Cintas, D.R. Horton, Domino’s Pizza , Intuitive Surgical , KeyCorp , M&T Bank , Marsh & McLennan , Netflix , Novartis , Taiwan Semiconductor Manufacturing , and Textron report earnings on Thursday.
American Express , Fifth Third Bancorp , Halliburton , Huntington Bancshares , Regions Financial , SLB, and Travelers report on Friday.
This week’s notable economic events include Monday’s release of the Empire State Manufacturing Survey by the New York Fed. Later today, Federal Reserve Chair Jerome Powell will speak at the Economic Club of Washington, D.C.; and San Francisco Fed President Mary Daly will speak at Fortune Brainstorm Tech 2024.
On Tuesday, the Census Bureau reports June retail sales data, and the National Association of Home Builders will release its Housing Market Index for July. Also Tuesday, Fed Gov. Adriana Kuglar will speak at the National Association for Business Economics’ Economic Measurement Seminar in Washington, D.C.
On Wednesday, the Federal Reserve will release the fifth of eight Beige Books with anecdotal information on current economic conditions from the 12 regional banks. Also Wednesday, the Census Bureau will report new residential construction statistics, including housing starts and building permits, for June.
On Thursday, the Philadelphia Fed will release the Manufacturing Business Outlook Survey for July; the Conference Board will report its Leading Economic Index for June; and the Labor Department will report initial unemployment claims for the week ended July 13. Also Thursday, the European Central Bank will publish a monetary policy decision. The ECB is widely expected to keep its target interest rate at 3.75%, after cutting it by a quarter of a percentage point in June.
On Friday, Atlanta Fed President Raphael Bostic will speak at a conference co-sponsored by the Federal Reserve Banks of Dallas and Atlanta, and New York Fed President Williams will speak at a panel on monetary policy at the Central Bank of Peru’s annual conference in Cusco, Peru, on the Rewiring of the Global Economy.
Early indications from several big regional real-estate boards suggest March was overall another down month.
Art can transform more than just walls—it shapes mood, evokes memory, and elevates the everyday. Discover how thoughtfully curated interiors can become living expressions of personal meaning and refined luxury, from sculptural furniture to bespoke murals.
For self-employed Australians, navigating the mortgage market can be complex—especially when income documentation doesn’t fit the standard mould. In this guide, Stephen Andrianakos, Director of Red Door Financial Group, outlines eight flexible loan structures designed to support business owners, freelancers, and entrepreneurs.
1. Full-Doc Loan
A full-doc loan is the most straightforward and competitive option for self-employed borrowers with up-to-date tax returns and financials. Lenders assess two years of tax returns, assessment notices, and business financials. This type of loan offers high borrowing capacity, access to features like offset accounts and redraw facilities, and fixed and variable rate choices.
2. Low-Doc Loan
Low-doc loans are designed for borrowers who can’t provide the usual financial documentation, such as those in start-up mode or recently expanded businesses. Instead of full tax returns, lenders accept alternatives like profit and loss statements or accountant’s declarations. While rates may be slightly higher, these loans make finance accessible where banks might otherwise decline.
3. Standard Variable Rate Loan
A standard variable loan moves with the market and offers flexibility in repayments, extra contributions, and redraw options. It’s ideal for borrowers who want to manage repayments actively or pay off their loans faster when income permits. With access to over 40 lenders, brokers can help match borrowers with a variable product suited to their financial strategy.
4. Fixed Rate Loan
A fixed-rate loan offers repayment certainty over a set term—typically one to five years. It’s popular with borrowers seeking predictability, especially in volatile rate environments. While fixed loans offer fewer flexible features, their stability can be valuable for budgeting and cash flow planning.
5. Split Loan
A split loan combines fixed and variable portions, giving borrowers the security of a fixed rate on part of the loan and the flexibility of a variable rate on the other. This structure benefits self-employed clients with irregular income, allowing them to lock in part of their repayment while keeping some funds accessible.
6. Construction Loan
Construction loans release funds in stages aligned with the building process, from the initial slab to completion. These loans suit clients building a new home or undertaking major renovations. Most lenders offer interest-only repayments during construction, switching to principal-and-interest after the build. Managing timelines and approvals is key to a smooth experience.
7. Interest-Only Loan
Interest-only loans allow borrowers to pay just the interest portion of the loan for a set period, preserving cash flow. This structure is often used during growth phases in business or for investment purposes. After the interest-only period, the loan typically converts to principal-and-interest repayments.
8. Offset Home Loan
An offset home loan links your savings account to your mortgage, reducing the interest charged on the loan. For self-employed borrowers with fluctuating income, it’s a valuable tool for managing cash flow while still reducing interest and accelerating loan repayment. The funds remain accessible, offering both flexibility and efficiency.
Red Door Financial Group is a Melbourne-based brokerage firm that offers personalised financial solutions for residential, commercial, and business lending.
A business led by two of the president’s sons will invest in American Bitcoin, a new mining company controlled by Hut 8.
An intriguing new holiday home concept is emerging for high net worth Australians.