5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

Here are the most important news, trends and analysis that investors need to start their trading day:

On Monday's economic calendar, the government is set to issue durable goods orders for March at 8:30 a.m. ET, one hour before the opening bell on Wall Street. Economists expect an increase of 2.2% last month after February's 1.1% decline. The Federal Reserve holds its April policy meeting Tuesday and Wednesday. Central bankers are not expected to take any action, though economists expect them defend their willingness to let inflation run hot. Thursday, the government is set to deliver its initial look at first-quarter gross domestic product.

U.S. President Joe Biden speaks about his $2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania, March 31, 2021.

President Joe Biden is expected this week to detail his American Families Plan and the tax increases to pay for it, including a much higher capital gains tax for the wealthy. The plan is the second part of his Build Back Better agenda and will include new spending proposals aimed at helping families. According to a new NBC News poll, 59% believe Biden's infrastructure plan is a good idea. The