Trump continues to RNC, market reactions, Goldman Sachs: Morning Brief

US stocks (^DJI, ^IXIC, ^GSPC) have been rallying ahead of the market open — and into the trading day — after the assassination attempt on former President Trump's life at a campaign rally in Butler, Pennsylvania, on Saturday. In the wake of this news, Trump Media & Technology Group (DJT) shares and bitcoin (BTC-USD) prices have been surging.

Brad Smith and Madison Mills discuss these events and more, monitoring the biggest news moving equities in today's episode of The Morning Brief.

In a post on Truth Social, Trump announced his plans to continue on the campaign trail and head to Milwaukee, WI, today for this week's Republican National Convention (RNC). The Morning Brief team brings on several political experts and market strategists to discuss the broader implications this past weekend's events will have on the 2024 election and the stock market, including Pangaea Policy founder Terry Haines and BTIG director of policy research Isaac Boltansky.

Goldman Sachs (GS) topped second-quarter earnings estimates, the bank seeing its revenue jump 17% higher year-over-year. Citizens JMP managing director Devin Ryan joins the show to talk about Goldman Sachs' earnings results and the reoccurring themes seen across other Big Bank earnings reported so far.

Other top trending tickers on the Yahoo Finance platform include retailer Macy's (M), high-end fashion brand Burberry (BRBY.L), and Coinbase Global (COIN).

This post was written by Luke Carberry Mogan.