Stock Market Rises: US Shutdown Deal Hope

Are $2,000 Tariff Dividends Coming? President Trump Says So

9 minutes ago

The president says he still wants to get you tariff money.

President Donald Trump in a Sunday morning message on Truth Social said a “dividend of at least $2000 a person” would be paid to “everyone.” Further details regarding timing and eligibility were not immediately available, and the White House did not respond to emailed questions in time for publication, but Trump in his message said “high income” earners would not receive the payment.

“People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price,” Trump’s message read. In a Sunday interview with CBS, Treasury Secretary Scott Bessent said he hadn’t discussed the proposal with Trump but suggested that the dividend could come as a result of the administration’s policies, arriving “in lots of forms and lots of ways.”

Trump’s statement advanced a notion that has made the rounds in different forms this year, with members of Congress at times discussing the possibility of stimulus checks. New York state is sending “inflation refund” checks to some residents.

The president himself has discussed the topic, though a payment at or above $2,000 would be higher than some amounts he has mentioned. Earlier this year, the idea of “DOGE dividends” was also floated.

The Supreme Court last week heard oral arguments in a case that raised questions about Trump’s authority to levy tariffs in the fashion his administration has adopted in his second administration.

Read the full article here.

–David Marino-Nachison

Diageo Stock Rises as Guinness Parent Names New CEO

1 hr 8 min ago

U.S.-listed shares of Diageo (DEO) popped 5% in early trading Monday after the British spirits giant named a new chief executive.

The Guinness and Johnnie Walker parent named Dave Lewis its new CEO, effective Jan. 1. Nik Jhangiani will remain as Interim CEO through the end of the year, then resume his CFO role thereafter, the company said.

Lewis, who served as Tesco Group CEO from 2014-2020, “has an outstanding track record leading global consumer businesses, growing world-class brands, and providing operational and financial rigour,” Diageo said.

Lewis, who is a non-executive board director of PepsiCo, has served as Chair of Haleon since the healthcare firm’s creation in 2022 and will be stepping down from that role on Dec. 31.

“Diageo is a world leading business with a portfolio of very strong brands, and I am delighted to be joining the team,” Lewis said. “The market faces some headwinds but there are also significant opportunities. I look forward to working with the team to face these challenges and realise some of the opportunities in a way which creates shareholder value.”

Even with today’s gains, U.S.-listed shares of Diageo have lost about a quarter of their value this year.

US Airline Stocks Rise on Hope for End to Government Shutdown

2 hr 34 min ago

Shareholders of the biggest U.S. airlines apparently think an end to the government shutdown is near.

Shares of Delta Air Lines (DAL), United Airlines (UAL), and American Airlines (AAL) were up roughly 2% apiece less than an hour before the opening bell Monday.

Hundred of flights have been canceled in recent days as the government shutdown stretched well into a second month and TSA agents and air-traffic controllers went unpaid.

For the year, shares of Delta and United are little changed, while those of American are down more than 20%.

Monday.com Stock Plummets on Soft Revenue Forecast

3 hr 28 min ago

Monday.com’s third-quarter results topped analysts’ expectations Monday. Its fourth-quarter outlook, though, sent its stock into a tailspin.

Shares of the Israeli-based project management software firm tanked about 20% in premarket trading after it reported weaker-than-expected current-quarter revenue.

Monday.com (MNDY) sees Q4 revenue of $328 million to $330 million, which would represent year-over-year growth of 22% to 23%. However, analysts surveyed by Visible Alpha are looking for $333.8 million.

For the third quarter, the company posted adjusted earnings of $1.16 on revenue that increased 26% to $316.9 million, topping consensus forecasts of $0.88 and $312.4 million, respectively.

Monday.com shares entered the session down 20% in 2025.

Stock Futures Rise on Optimism for Deal to End US Government Shutdown

4 hr 10 min ago

Futures contracts tied to the Dow Jones Industrial Average were up 0.4%.

S&P 500 futures were up 1%.

Nasdaq 100 contracts advanced 1.5%.