5 things to know before the stock market opens Monday

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U.S. stock futures dropped Monday, heading into a holiday-shortened week filled with concern about the fast-spreading omicron Covid variant.

said he would not support his party's legislation, meaning that the bill does not have enough votes to pass the 50-50 Senate. "While BBB in its current form looks unlikely, there is still a good chance that Congress enacts a much smaller set of fiscal proposals dealing with manufacturing incentives and supply chain issues" hampered in part by Covid, Goldman's Sunday note to clients said.

a summer version of its meeting set to take place in Singapore in August. A virtual conference was held earlier this year.Maja Hitij | Getty Images News | Getty Images

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