5 things to know before the stock market opens Monday October 21

5 things to know before the stock market opens Monday October 21

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

1. Can stocks keep rising?

U.S. stocks have carved out a winning streak. The S&P 500 and Dow Jones Industrial Average have posted six straight positive weeks. Both indexes closed at record highs on Friday. A busy week of earnings, along with the approaching presidential election, will help to determine where stocks go in the days ahead. Follow live market updates.

2. Earnings in transit

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. 

Patrick Pleul | Pool | Via Reuters

3. End in sight

Boeing is expected to report dismal results, due in part to a machinist strike that has halted aircraft production. The work stoppage could soon end. The company and its machinist union reached a deal on a new contract proposal, which workers will have to ratify in a vote expected Wednesday. The deal includes 35% pay increases over four years, a higher signing bonus of $7,000 and higher 401(k) contributions, among other measures. The strike has gone on for more than a month. Boeing, already mired in crisis after a door plug blew out on a plane earlier this year, said earlier this month that it expects to report a deep loss, and announced it would cut 10% of its workforce.

4. The 2024 stakes

Republican presidential nominee, former U.S. President Donald Trump speaks as Democratic presidential nominee, U.S. Vice President Kamala Harris listens as they attend a presidential debate hosted by ABC in Philadelphia, Pennsylvania, U.S., September 10, 2024. 

Brian Snyder | Reuters

5. Carrying the torch

FILE PHOTO: Oct 20, 2024; Brooklyn, New York, USA; New York Liberty forward Jonquel Jones (35) holds up the MVP trophy after defeating the Minnesota Lynx in overtime to win the 2024 WNBA Finals at Barclays Center.

Wendell Cruz | Usa Today Sports Via Reuters Con

The New York Liberty won their first WNBA championship on Sunday night, capping a year of torrid growth for the league. The Liberty topped the Minnesota Lynx in overtime in the deciding fifth game, ending a tight series marked by large comebacks and last-second shots. The championship ended a season where viewership and attendance soared to more than two-decade highs, and the league inked a new 11-year $2.2 billion, media rights deal. The WNBA has a busy stretch ahead: the expansion Golden State Valkyries will join the league next year, a season when the league will add four regular season games and expand its finals to a best-of-seven format. Another deadline looms, as the WNBA players union and league have until Nov. 1 to opt out of their current collective bargaining agreement and potentially seek a new deal that would increase salaries.

– CNBC’s Sarah Min, Robert Hum, Leslie Josephs, Lorie Konish and Annika Kim Constantino contributed to this report.

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