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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.

Norfolk Southern is probing allegations that CEO Alan Shaw had an inappropriate workplace relationship, people familiar with the matter told CNBC.

Boeing reached a labor deal with a union representing about 33,000 of its workers, preventing a potentially costly strike.Dow Jones Industrial Average fell 2.9%. Investors will be watching this week for inflation data, which could help to determine how large of a rate cut the Federal Reserve makes at its policy meeting later this month. The central bank is widely expected to trim its target rate by at least a quarter of a percentage point. The consumer price index due Wednesday and producer price index set for Thursday will help shape the Fed's decision., three people familiar with the matter told CNBC.

 

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