5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

1. Stock futures are down to start the week U.S. stock futures were slightly lower Monday morning as Wall Street looks to bounce back from a losing week. The tech-focused saw the biggest declines last week, falling nearly 3.9% as investors prepared for more aggressive policy tightening from the Federal Reserve. The S&P 500 slid 1.27%, ending a three-week winning streak, while the Dow Jones Industrial Average dropped 0.28%. The 30-stock Dow has now fallen two weeks in a row. Investors will get two key pieces of inflation data during this holiday-shortened trading week. The consumer price index for March is scheduled to be released Tuesday, followed by the producer price index a day later. The latest earnings season also is about to get underway, led by the major banks. is set to post results Wednesday, with others including Goldman Sachs following on Thursday. 2. Bond yields continue to rise; oil slides Bond yields ticker higher Monday morning, with the 10-year Treasury yield climbing 4 basis points to top 2.76%. The 5-year and 30-year rates remain inverted, which in late March happened for the first time since 2006 and added to fears of a possible recession. Bond yields, which move