5 things to know before the stock market opens Monday

Nvidia and AMD unveiled their next generation of AI chips.May ended up being a strong month for stocks, as the three major averages all posted their sixth positive month in seven. Theadded 2.3% in May. The end of the month brought some turbulence, though. Even with the Dow adding more than 500 points on Friday, the three averages ended the month more than 1% off their record highs.

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference in San Jose, California, US, on Tuesday, March 19, 2024., called"Rubin," on Sunday, just months after the March announcement of its upcoming"Blackwell" model. Those Blackwell chips are still in production and are expected to ship to customers later this year.

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