5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

1. Dow set to rebound after its worst weekly losing streak of the year more than 200 points Monday following a roller-coaster week driven largely by uncertainty over the Covid omicron variant. The saw its fourth straight weekly loss for the first time since September 2020. after the government's disappointing headline number on November jobs growth capped weekly drops of around 1% for the Dow and S&P 500 and almost 2% for the Nasdaq. The Dow on Friday did trim earlier losses as the internals of the employment data were more reassuring. The Dow, S&P 500 and Nasdaq were, respectively, 5%, nearly 3.7% and 6% away from their latest record high closes achieved last month. The ticked higher early Monday, but . The benchmark yield approached 1.7% last month and in October. It soared over that level back in March. The 10-year started the year under 1%. 2. Bitcoin now down 30% from November's all-time highs traded under $49,000 on Monday after a for the world's biggest cryptocurrency. On Friday morning, was around $57,000, but then tumbled more than 17% from Friday night into Saturday, hitting a low just under $43,000, before stabilizing Sunday. The selling came as investors at-large