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5 things to know before the stock market opens Monday

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Economy,Markets,Business

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

closed above 40,000 for the first time ever on Friday after hitting that intraday mark on Thursday, wrapping up a strong week. The Dow rose 1.2% for the week in its fifth straight weekly gain. Theclimbed 1.5% and 2.1% week to date, respectively, marking their longest winning streak since February. And now all three indexes are in positive territory for the second quarter. Year-to-date the the S&P 500 and Nasdaq are each up over 11% in 2024, while the Dow has risen than 6% so far.

"Everyone should be reading the things that they're publishing about the U.S. budget deficit and should be very concerned that this is something that elected people need to get their arms around sooner rather than later," Powell said Tuesday in remarks to an audience of bankers in Amsterdam.Microsoft Chief Executive Officer Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016.

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