5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

1. Wall Street looks higher but key Treasury spreads remain inverted rose modestly Monday, with the tech-heavy Nasdaq looking the strongest. shares soared 25% in the premarket after revealed a big stake in the social media company. on Wall Street got off to a positive start on Friday, which was also the first day April. Historically, April has been the best month of the year for stocks, with the S&P 500 gaining an average 1.7%. The first quarter, which ended Thursday, was the worst first three months in two years, which included lows in late March 2020. on Monday — the 2-year/10-year and the 5-year/30-year — remained inverted, a market distortion that's happened before past economic recessions. Bond yields rose Friday. But the real strength was among shorter-term Treasurys as traders worried that the weaker than expected but still robust March jobs growth might give the Federal Reserve the green light to get more aggressive with its interest rate-hiking cycle. jumped 3% on Monday, as supply concerns due to disruptions from Russia's Ukraine war persisted. Crude did fall about 13% last week after the U.S. announced it will release 1 million barrels per day of oil from its Strategic Petroleum