5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

1. Late-week stock bounce fizzles in Monday's premarket fell Monday after Friday's strong rally. However, Friday's gains of more than 1% for the and and over 2% for the were not enough to make up for sharp declines earlier last week. The Dow and S&P 500 saw weekly declines more than 1% each, while the Nasdaq sank over 2% in its worst weekly performances since February. hit stocks early last week, with the Dow dropping 3.4%, the S&P 500 falling 4% and the Nasdaq plunging 5%. All three stock benchmarks made up some of those losses Thursday and Friday. 2. 10-year yield below 1.7%, even as inflation simmers Monday after the jumped to over 1.7% on Wednesday during the worst of last week's stock selling. That was the highest 10-year yield level in more than a month, following a run of 14-month highs in March. Inflation fears and whether the Federal Reserve will be able hold the line as promised on near 0% interest rates and massive asset purchases rattled markets. On Wednesday, the government reported that consumer prices in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear. The