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The Dow was set to start November higherFutures posted a 150 point gain after Wall Street’s October close. Friday was the record closing day for the average 30-stock stock market. S&P 500And the Nasdaq. Actually, October is a notoriously challenging month for stocks. finished higher. The Dow, S&P 500 and Nasdaq all logged weekly gains for four straight weeks. For the month, the Dow was up 5.8%; the S&P 500 was up nearly 7%; and the Nasdaq was up almost 7.3%. The Dow was up 5.8%, S&P 500 was up nearly 7% and the Nasdaq rose almost 7.3% on Monday. 10-year Treasury yieldIt was about 1.58%. U.S. oil prices averaged at $84 per barrel bitcoinBack above $62,000

Although the historical November-December period has been good for stocks historically, this year’s bullish mood could be testedAs the Federal ReserveThe November two-day meeting begins Tuesday

• Expect central bankers to announce the start of a tapering in Covid-era bonds purchases.
• This week also includes a host of corporate earnings including Covid vaccine maker results Pfizer Moderna
• The House is expected to vote on Tuesday the Senate-passed Infrastructure bill as well as the Democrats’ “go-it-alone” social and climate spending packages.
• Friday will bring the October government employment report.

President Joe BidenHe was shifting the attention of his fight against global warming away from Congress and onto the global stage Monday by appealing to world leaders at a U.N. climate summitHe will be able to make the same big commitments at home that he has yet to achieve. Many have cited the summit in Glasgow as crucial to realizing the Paris Climate Agreement of 2015. Biden was present at the G-20 summit in Rome. It ended Sunday with an agreement to end international subsidies for coal-fired plants.

BarclaysJes Staley, CEO has agreed to step downFollowing an inquiry by the U.K. watchdog, his dealings with Jeffrey Epstein (the late financier) were investigated. C.S. Venkatakrishnan is now the CEO. This will be subject to regulatory approval. Barclays claimed that no evidence was found by the investigation to show Staley had “seen, or knew about” any Epstein-related crime. Staley worked with Epstein throughout his career. JPMorganEpstein, a prominent private banking client in the area until 2013, was located at Staley told reporters last FebruaryHe hadn’t seen Epstein since he took over Barclays Bank in 2015.

American AirlinesAccording to flight tracking site, the airline cancelled 250 flights or approximately 9% of its Monday schedule. FlightAwareOn top of that, more than 1,700 cancellations since FridayIt is. Last week, high winds and staffing issues at Dallas/Fort Worth International Airport were the main reasons for this disruption. This is the latest disruption in mass flights for travelers, as many carriers are struggling to cope with a rising travel demand. Southwest AirlinesAn earlier statement this month stated that it lost $75 million due to a October meltdown, which saw it cancel more than 2000 flights.

— The Associated Press and Reuters. You can follow all market activity like a professional. CNBC Pro Find the most recent information about the pandemic here CNBC’s coronavirus coverage