📈 S&P hits 3 day streak of record highs and Facebook hits $1 Trillion

S&P hits 3-day streak of record highs, airlines are boosting jobs and banks boost dividends, Facebook hits $1 Trillion - Here's what is happening in the markets today, Tuesday, June 29th.
S&P hits 3 day streak of record highs, airlines are boosting jobs and banks boost dividends, Facebook hits $1 Trillion

Here's what is happening in the markets today, Tuesday, June 29th.

- Stocks are up and the S&P 500 has its third consecutive record close.
- United Airlines (UAL) has ordered 200 Boeing Max jets, which they plan to staff with 25,000 new union jobs.
- Big Banks raising dividends following the Federal Reserve's stress tests that all 23 major banks passed: Goldman Sachs (GS), Bank of America (BAC),, JPMorgan Chase (JPM) and Wells Fargo (WFC) all announced dividend increases.
- Facebook (FB) hits $1 Trillion market cap after the FTC's case against Facebook was dismissed due to vague allegations.
- Herman Miller (MLHR) reported higher-than-expected earnings, but gave a lower-than expected forecast.
Jefferies Financial (JEF) beat Wall Street forecasts and announced a 25% dividend increase.

This wraps up today's stock market news.

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