2 Hours AgoConsumer discretionary sector closes at highest stage since 2022The shopper discretionary sector popped 1.8% to shut at its highest stage since January 2022.A ten.2% leap in Tesla shares helped elevate the sector. The electrical car maker surged as its second-quarter car manufacturing and supply reviews surpassed analysts’ expectations.E-commerce large Amazon additionally contributed to the sector’s positive factors, rising 1.4% and hitting a brand new all-time excessive.Shopper discretionary was the outperformer of the 11 sectors within the S&P 500 on Tuesday, boosting the broad market index to closing file of 5,509.01 and its first shut above the 5,500 threshold.—Darla Mercado, Chris Hayes3 Hours AgoParamount rallies 9% on information of reignited Skydance Media merger talksThe information comes after Nationwide Amusements and Skydance known as off talks for a deal in June.Paramount declined to remark to CNBC on the information. Nationwide Amusements and Skydance didn’t instantly return a request for remark.— Hakyung Kim, Rohan Goswami3 Hours AgoEquity dangers are on account of rise within the latter half of the yr, Goldman Sachs saysThe first half of this yr has been characterised by a technology-led rally throughout the fairness markets. However because the latter half of the yr kicks off, Goldman Sachs foresees the tides turning for buyers.”As we enter the second half of the yr, the dangers for fairness holders are rising,” wrote strategist Peter Oppenheimer. He additionally pointed to an unsure backdrop that features lofty valuations and rising political danger.Nonetheless, Oppenheimer reassured buyers by pointing to historic information indicating {that a} strong second half of the yr often follows a powerful first half.”Nonetheless, it needs to be confused that it’s uncommon for 2H returns to be weak following 1H returns as robust as we now have seen this yr,” he wrote. — Lisa Kailai Han3 Hours AgoStock futures are flat Tuesday evening