5 things to know before the stock market opens on Monday, April 22nd

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

of S&P500 And that Nasdaq Composite Last week was tough for both companies, with shares down 3.05% and 5.52% respectively. The Nasdaq fell 2% on Friday alone. Nvidia, down 10%.of Dow Jones Industrial Averageended the week little changed, with less exposure to tech stocks than the other two indexes. Investors will be keeping an eye on key economic updates and results this week, with GDP figures set to be released on Thursday and the key inflation rate on Friday. Follow live market updates.

This week is an important week for earnings, with about 30% of the S&P 500 index scheduled to release earnings. So far, more than 73% of companies that have already reported this quarter have exceeded expectations. However, overall growth in the first quarter remained flat year over year, according to FactSet data. Some of the world’s biggest companies will report earnings this week, hoping to impress investors. meta platform, tesla and general motors. Here are the earnings to watch this week:

• Tuesday: general motors, UPS, pepsico, ge aerospace, RTX Co., Ltd., jet blue (before the bell). tesla, mattel, enphase energy (after the bell)
• Wednesday: boeing, biogen, hasbro, humana (before the bell). meta platform, ford, IBM, Chipotle Mexican Grill (after the bell)
• Thursday: comcast, Merck, bristol myers squib, southwest airlines, american airlines, IMAX (before the bell). microsoft, alphabet, intel, atlassian, snap, capital one, Roku (after the bell)
• Friday: chevron, exxon mobil (before the bell)

tesla Shares fell 3% in pre-market trading on Monday after the electric vehicle giant cut EV prices in several major markets, including China and Germany.Rival Chinese EV manufacturers lee auto As prices were also lowered, prices sank to an 11-month low. Tesla lowered the price by 14,000 yuan (about $1,900). According to reports, the price reduction for some Li Auto models was up to 30,000 yuan (approximately $4,000). Competition in China’s EV sector is intensifying, with automakers introducing new technologies and competitive pricing.

The Bitcoin network completed its fourth “halving” on Friday night. This means that the reward for miners has been reduced from 6.25 to 3.125. Bitcoin’s price has been volatile leading up to the event, but many investors expect it to rise in the coming months given what happened after previous halvings. Such incidents occur every four years and are aimed at stopping inflation. Bitcoin miners, which include approximately a dozen publicly traded miners on the network and thousands of smaller private miners, are constantly competing to process transactions and earn rewards in new Bitcoins. They will be the first to feel the effects of half-life.

Opening statements are scheduled to begin Monday morning in former President Donald Trump’s hush money criminal trial in New York. Jury proceedings concluded Friday, and the 12 jurors and six alternates in the case were selected four days later. Trump was charged with 34 counts of falsifying business records as part of a scheme to conceal hush money payments to porn actress Stormy Daniels, who claims she had a sexual relationship with Trump years ago when they were married. has been charged with a crime. The payments from Trump’s then-lawyer Michael Cohen were said to be aimed at preventing unflattering information from being leaked during the 2016 presidential campaign. President Trump said the six-week trial is hampering his ability to campaign in this year’s race against President Joe Biden.

—CNBC’s Jesse Pound, Fred Imbert, Shreyashi Sanyal, Tanaya Machel, Mackenzie Sigalos, Kevin Bruninger and Reuter contributed to this report.

— Follow broader market movements like a pro CNBC Pro.