Boeing agreed to plead responsible to a legal fraud cost tied to 2 deadly 737 Max crashes.Paramount International and David Ellison’s Skydance Media have agreed to merge.Tesla inventory has worn out its losses for the yr.Listed here are 5 key issues buyers have to know to start out the buying and selling day:The S&P 500 hit its thirty fourth document shut of the yr on Friday. Its rally for 2024 has grown to 16.7%. The Nasdaq Composite additionally closed at a brand new excessive, led by Tesla and Nvidia, and its year-to-date achieve has reached 22.3%. The Dow Jones Industrial Common, in the meantime, added 0.17%, or 67.87 factors. Friday’s rally got here as the newest jobs report reignited hopes for fee cuts from the Federal Reserve. Traders will likely be looking forward to extra inflation knowledge this week: The June shopper worth index is about to be launched Thursday, whereas the producer worth index knowledge will likely be launched Friday. Comply with dwell market updates.Relations maintain pictures of Boeing 737 MAX crash victims misplaced in two lethal 737 MAX crashes that killed 346 individuals as Boeing CEO Dennis Muilenburg testifies earlier than a Senate Commerce, Science and Transportation Committee listening to on “aviation security” and the grounded 737 MAX on Capitol Hill in Washington, October 29, 2019.Sarah Silbiger | ReutersBoeing agreed to plead responsible to a legal fraud cost tied to 2 737 Max crashes through which 346 individuals died, the Division of Justice stated Sunday. U.S. prosecutors had stated the corporate had violated a 2021 settlement through which it was shielded from prosecution. Underneath the brand new plea deal, Boeing agreed to pay a $243.6 million nice and have an unbiased monitor put in to supervise compliance on the firm for 3 years. The deal, which requires the approval of a choose, would additionally require the corporate to speculate at the least $455 million in compliance and security applications, and Boeing agreed that its board of administrators would meet with households of the victims. The deal spares Boeing from trial.The Paramount International Paramount+ streaming service emblem is displayed on the Sphere enviornment in Las Vegas, Nevada, Feb. 7, 2024.Patrick T. Fallon | Afp | Getty ImagesAnd we’re again. David Ellison’s Skydance Media and Paramount International introduced late Sunday that they agreed to merge after months of forwards and backwards. Shari Redstone, Paramount’s controlling shareholder, will promote her household’s stake within the firm in an advanced transaction that can culminate in a merger. The information comes simply weeks after an earlier deal had died, partially over what an individual accustomed to the matter stated have been issues by Redstone that the deal was altered too far. The brand new talks sweetened the deal for Redstone, rising the household’s payout to $1.75 billion and enhancing authorized protections from doable shareholder lawsuits, Reuters reported. One phrase of warning: The deal additionally offers Paramount 45 days to discover a higher provide, so there might nonetheless be extra drama forward.US President Joe Biden waves as he boards Air Power One at Joint Base Andrews in Maryland on July 5, 2024. Biden is touring to Madison, Wisconsin, for a marketing campaign occasion. Saul Loeb | AFP | Getty ImagesPresident Joe Biden is getting into an enormous week because the Home and the Senate return from a vacation recess and strain mounts for him to drop out of the race. A number of Home Democrats have known as for Biden to step down after a disastrous debate efficiency towards his opponent, former President Donald Trump. Biden gave a extremely anticipated ABC Information interview on Friday night time — the primary for the reason that debate — through which he defended his psychological well being and vowed to remain within the race. Sen. Chris Murphy, D-Conn., a detailed ally of the president, stated Sunday on CNN that “the clock is ticking” and famous that the interview “didn’t reply all of the questions that folks in my state have.” NBC reported that Biden’s future because the chief of the get together was closely known as into query throughout a name convened by Home Democratic Chief Hakeem Jeffries, D-N.Y., with lawmakers on Sunday afternoon.Tesla signage is seen at a Tesla showroom on July 05, 2024 in New York Metropolis. Michael M. Santiago | Getty ImagesTesla inventory rose on Friday, formally wiping out its losses for 2024. It had a dismal begin to the yr, falling as little as $138.80 in April. But it surely rose 27% final week, closing on Friday at $251.55 a share. The surge was sparked by a better-than-expected deliveries report for the second quarter that was launched on Tuesday. Deliveries fell 4.8% from a yr earlier, however they topped Wall Road estimates and have been much less of a drop-off than the corporate’s first-quarter decline. Tesla has been providing in depth reductions and incentives since final yr to draw prospects to its growing older lineup of electrical autos.— CNBC’s Pia Singh, Leslie Josephs, Lillian Rizzo, Alex Sherman Rebecca Picciotto and Lora Kolodny; NBC’s Julie Tsirkin, Scott Wong, Rebecca Kaplan and Syedah Asghar; and Reuters contributed to this report.— Comply with broader market motion like a professional on CNBC Professional.