Stock Groups

5 things to know before the stock market opens Monday

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Investors need the following news, analysis and trends to help them start trading:

1. Futures of stock futures increase due to Russia-Ukraine conflict, Fed in focus

View of the New York Stock Exchange Building from Wall Street.

Roy Rochlin | Getty Images

U.S. stock futures rose MondayAs investors focused their attention on Russia-Ukraine’s situation, they prepared themselves for the Federal Reserve’s important decision later that week. Dow futures implied an opening gain of roughly 280 points, or 0.8%, while S&P 500 futures were higher by 0.6%. Nasdaq’s futures were slightly more positive.

Blue-chip Dow just came off its fifth consecutive negative week. It is now almost 11% lower than its Jan. 5 all-time high. Both the S&P 500 and tech-focused Nasdaq have finished in the red in four of the past five weeks. The S&P 500 is 12.75% off its Jan. 4 peak, and the Nasdaq is down nearly 21% from its November record high.

Monday saw a drop in bond prices. Monday’s bond prices fell. The benchmark 10-year Treasury note yield reached 2.439%, its highest level since July 2019. It rose 7 basis points to the top of 2.08%. Up 8 basis points, the yield of the Treasury 30-year note was 2.439%.

2. The peace talks between Russia and Ukraine continue

Following an airstrike on Dnipro’s shoe factory on March 11, 2022, firefighters spray water onto the site.

AFP | AFP | Getty Images

3. U.S. will hold a meeting with China’s highest diplomat. But, they warn against Russia helping them

Jake Sullivan, White House National Security Advisor delivers remarks at a briefing in Washington on February 4, 2021.

Tom Brenner | Reuters

Jake Sullivan, National Security Advisor, is due to meet Yang Jiechi (China’s highest diplomat) in Rome Monday. The planned face-to-face meetingThis comes after several media outlets reported Russia had asked China for military equipment, and other assistance to support its war in Ukraine. Beijing is a close ally to Russia and denied the reports Monday. Sullivan claimed that China could face serious consequences if the country helps Russia to avoid the severe sanctions imposed by Washington and the other Western countries.

4. China: Covid outbreak prompts school closures

Foxconn Factory in Shenzhen.

AFP | Getty Images

Covid cases in China are on the rise, and some cities have taken measures to address this issue. place fresh restrictions on business activity and move schools to online instruction. China is determined to keep its response to this outbreak. zero-Covid strategyThis could increase supply chain problems.

Businesses that don’t provide essential public services in Shenzhen were directed to stop production and have their employees work remotely for one week. Foxconn was a key beneficiary of the directive. AppleShenzhen, China supplier. Foxconn informed CNBC that its factories will be shut down until the government approves them to reopen.

5. Buffett’s Berkshire Hathaway increases its stake in Occidental Petroleum

Warren Buffett

Gerald Miller | CNBC

Berkshire Hathaway added its position to the new in Occidental Petroleum. Warren Buffett’s conglomerate spent over $1.5 billion last weekIt stated that 27.1 million shares were purchased. Berkshire now owns a stake of Occidental at 118.3M shares. This is a value close to $6.9B as of Friday’s closing. Berkshire has revealed its share of the oil giant March 4It disclosed that it held 91.2 million common shares at the time. Occidental has now become one of Berkshire’s largest public company holdings.

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