Stock Market Outlook: Mixed Global Markets and Inflation Signals Impact Monday's Opening

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Source: CNBC
Stock Market Outlook: Mixed Global Markets and Inflation Signals Impact Monday's Opening
Photo: CNBC
TL;DR Summary

As the stock market opens on Monday, investors are keeping an eye on the state of the consumer, with retail sales data and earnings reports from major retailers like Walmart, Target, and Home Depot expected this week. FTX founder Sam Bankman-Fried has been sent to jail over alleged witness tampering, while concerns about China's real estate sector and sluggish economic data add to the country's economic worries. The Russian ruble slid past 100 per US dollar, nearing a 17-month low, as the conflict with Ukraine continues.

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