5 Things to Know Before the Stock Market Opens on Monday

Here are the most important news articles investors need to know to start trading:

A long-awaited Fed rate cut could finally come this week. Central bank policymakers are scheduled to announce on Wednesday whether they will ease policy after inflation and job growth began to slow in recent months. Entering the week, traders are pricing in a 59% chance that the central bank will cut its target rate by half a percentage point. CME FedWatch Tool. The key decision comes after a strong week for U.S. stocks. SNP500 It went up about 4% last week, but Nasdaq Composite Index It’s up almost 6%. Dow Jones Industrial Average Up 2.6%. Follow live market updates.

Republican presidential candidate Donald Trump was declared safe on Sunday after an FBI investigation concluded he was in critical condition. “It appears to be an assassination attempt,” Special Agent Rafael Barros told a news conference, adding that the former president was playing at his Florida golf club when U.S. Secret Service agents “opened fire” at a gunman near the course’s perimeter. It was unclear where the gunman was pointing or who fired the shot. The Secret Service shooter is in custody and has been identified as Ryan Wesley Rouse, three senior law enforcement officials told NBC News. The incident appears to be the second assassination attempt on Trump in recent months, as the 2024 presidential campaign rages on.

Pfizer’s drug that treats a common condition that affects cancer patients made a big step forward over the weekend. The pharmaceutical company announced positive trial data for a treatment called ponsegromab, which could be the first drug approved specifically to treat cancer cachexia. The life-threatening condition causes cancer patients to lose their appetite and weight and affects about 9 million people worldwide. Pfizer said patients treated with the treatment experienced improvements in weight, physical function and quality of life.

For Shein and Temu shoppers, higher prices could come. The Biden administration has proposed a rule that would curb the use of a tariff law loophole that two popular Chinese online retailers have used to minimize import duties. If the so-called de minimis exemption is changed, prices for Shein and Temu could rise by as much as 20%, according to the Republican majority spokesperson for the House Select Committee on the Communist Party of China. The spokesperson made the estimate after investigating the companies last year. Both companies said their lower prices do not rely on loopholes, and Shein said it supports reforming the de minimis provision.

DirecTV users who want to watch “Monday Night Football” can breathe a sigh of relief. The pay TV provider I made a deal with Disney Ends blackouts on channels from media giants including ESPN on Saturday. The deal gives DirecTV the ability to offer customers a variety of genre-specific options, such as sports and kids’ content, and to offer Disney’s streaming services as a package or a la carte. The blackouts lasted through the U.S. Open, various college football games, and the NFL season’s opening “Monday Night Football” matchup.

– CNBC’s Pia Singh, Rebecca Picciotto, Annika Kim Constantino, Gabrielle Fonruzzo, Alex Sherman, Lillian Rizzo and Jake Piazza contributed to this report.