Monday opens with 5 things to know before the stock market ✨

Investor’s Essential News Recap 📊

Stay informed with the latest updates in the crypto world to kickstart your trading day with confidence. Below are the top news highlights to keep you ahead in the market:

1. Federal Reserve Update 🏦

– Stocks surged as investors anticipated an upcoming interest rate cut by the Federal Reserve 💹
– Federal Reserve Chair Jerome Powell’s comments boosted the market sentiment 📈
– All major U.S. indexes saw over 1% gains, marking a positive trend for the second week in a row 📈📈
– Look out for key economic data releases this week including jobless claims and personal consumption expenditures 💰

2. Earnings Reports and Retail Watch 👀

– A busy week lies ahead with key earnings reports shaping the market trends 📊
– Keep an eye on reports from market engine Nvidia and retailer Abercrombie & Fitch 🎮👗
– Investors are keen on understanding the health of consumer spending through these reports 🛍️

3. Boeing Starliner Update 🚀

– Boeing’s Starliner capsule will return to Earth empty after issues with the crewed flight test ✈️
– NASA astronauts will stay at the International Space Station for an extended period 🌌
– The decision aims at enhancing safety measures and improving design for future missions 🛰️

4. Trump’s Crypto Support 💰

– Former President Donald Trump has reversed his stance on cryptocurrencies, now supporting the industry 🔄
– Trump’s newfound interest in crypto aligns with the potential for large campaign donations 💸
– His change of heart is attributed to efforts by crypto advocates to sway his opinion over the years ⚖️

5. Battle Over Restaurant Fees 🍽️

– The federal government is cracking down on “junk fees” in the restaurant industry, leading to a fight over surcharges 🚫💳
– Restaurants defend surcharges as a means to boost revenue and fairly compensate workers 🤝
– Concerns have been raised about transparency and equitable sharing of surcharge proceeds 🧾