5 things to know before the stock market opens Monday

Here are the most important news investors need to start their trading day:

U.S. stock futures climbed early Monday as S&P 500 Index Ended a 4-week winning streak. The next few days will provide a series of clues as to how the Fed will respond to further rate hikes to curb inflation. The consumer price index for May, due on Tuesday, will provide an update on the extent of price increases. Inflation has moderated, but remains stubbornly high after the Federal Reserve has raised interest rates since last year. The central bank’s policy decision and fresh hints about its future plans are due on Wednesday. Heading into this week, traders saw a strong chance that the Fed would pause its rate hike spree this month. The Fed raised its benchmark lending rate by 25 percentage points last month. Follow live market updates here.

Oil tanker catches fire on part of Interstate 95 northeast of Philadelphia Crash on Sunday. There were no immediate reports of injuries, but officials were unable to reach the tanker truck trapped under the rubble, according to NBC News. Pennsylvania Gov. Josh Shapiro said the stretch of highway linking New York City and Philadelphia, an important corridor for commuters and goods, could take “months” to fix. He noted that the highway “underpins our economy and plays an important role in people’s daily lives.”

jpmorgan has The bank said Monday it settled a lawsuit filed by a victim of late sex offender Jeffrey Epstein. Epstein’s plaintiffs say JPMorgan kept Epstein as a client even after warning signs about Epstein emerged, and that the financier used money in his bank account to facilitate the sex trade. The settlement covers all Epstein victims’ claims against the bank. The U.S. Virgin Islands lawsuit against JPMorgan and the bank’s legal action against former executive Jes Staley are still ongoing. The bank said the parties “believe this settlement is in the best interest of all parties, especially the survivors of the victims of Epstein’s horrific abuse.”

Philanthropist George Soros will Handing over control of his sprawling $25 billion business to his 37-year-old son Alex. Soros Sr., 92, who spent billions over the years on the cause of American democracy, has become the target of right-wing and anti-Semitic conspiracy theories.alex soros told wall street journal He was “more political” than his father. The younger Soros, who has been alarmed by Donald Trump’s efforts to retake the White House next year, said he may become heavily involved in efforts to defeat the former president next year.

At least one of Trump’s former allies isn’t jumping out to his defense after the ex-president He was indicted on 37 federal counts accusing him of keeping hundreds of classified documents from his time in the White House and trying to prevent their return to U.S. officials. Bill Barr, who served as attorney general under Trump, called the indictments “abhorrent” in an interview on “Fox News Sunday.” “Even if it’s only half true, then he’s screwed,” Barr said, adding that it was “absurd” to suggest Trump was a victim of a witch hunt — a point many Republicans have argued. Trump will be arraigned in the case on Tuesday.