5 things to know before the stock market opens Monday

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Here are the most important news items that investors need to start their trading day.

Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court on August 11, 2023 in New York City.ordered him to jail

on Friday over alleged witness tampering. He was remanded to custody directly from a court hearing in New York and sent to a detention center in Brooklyn, according to prison records. Bankman-Fried had been out on a $250 million bail package since his, which required him to remain at his parents' house in Palo Alto, California.

— CNBC's Jesse Pound, Robert Hum, MacKenzie Sigalos, Dawn Giel, Evelyn Cheng, Elliot Smith and Karen Gilchrist contributed to this report.

 

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