5 things to know before the stock market opens Monday

SourceCNBC
SectorFinancial Markets
CountrySaudi Arabia

Here are the most important news, trends and analysis that investors need to start their trading day: Treasury Secretary Janet Yellen attends an economic briefing with U.S. President Joe Biden in the Roosevelt Room at the White House in Washington, March 5, 2021. Treasury Secretary Janet Yellen on Monday will call for a minimum tax on corporations around the world in an effort to keep companies from relocating to find lower rates. "We are working with G-20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom," Yellen will tell a conference held by the Chicago Council on Global Affairs, according to a report from Axios confirmed by CNBC. President Joe Biden is looking to raise the U.S.

corporate tax rate as a way to pay for a $2 trillion infrastructure improvement plan. Republican Sen. Roy Blunt of Missouri is urging the president to cut his infrastructure plan to roughly $615 billion and to concentrate...read more...