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5 things to know before the stock market opens Monday

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Intel Corp,Gamestop Corp,Ford Motor Co

Here are five key things investors need to know to start the trading day.

GameStop shares rallied yet again after a post from Roaring Kitty, the trader who inspired 2021's epic short squeeze.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.

— the influential oil alliance known as OPEC+ — has extended its collective crude production cuts into 2025. The cuts were set to expire this year, and analysts and OPEC+ delegates were anticipating the decision to change the timeline. The coalition will produce a combined 39.725 million barrels per day next year, it said.

 

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