5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

Tesla, in an SEC filing, said the electric auto maker has purchased $1.5 billion worth of bitcoin after changing its investment policy last month. Bitcoin soared over $43,000 in an all-time high Monday. The Tesla filing also said, "We expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt." Tesla CEO Elon Musk has been talking up bitcoin and dogecoin, another cryptocurrency, in recent tweets. Shares of Tesla rose in Monday's premarket trading.

Janet Yellen, U.S. Treasury secretary, speaks during a meeting with U.S. President Joe Biden, not pictured, in the Oval Office of the White House in Washington, D.C., U.S., on Friday, Jan. 29, 2021.

The U.S. economy could return to full employment in 2022 if President Joe Biden's $1.9 trillion coronavirus rescue package were passed, Treasury Secretary Janet Yellen said Sunday. Long-term unemployment is around a historical peak. While Biden has said he wants to get GOP support for his Covid relief measure, Democrats are taking steps toward passing his approach without any Republican votes. Republicans have opposed the $1.9 trillion price tag and