"Market Insights: Key Factors for Monday's Trading"
The stock market took a breather last week, with all three major U.S. averages dipping, while investors await signals on the Federal Reserve's policy plans and upcoming inflation data. Bitcoin reached a record high, surpassing $71,000, following the U.K.'s move to allow trading of cryptocurrency-related exchange-traded products. President Biden's 2025 budget proposal includes tax hikes on corporations and the wealthy. Reddit aims to raise $748 million in its upcoming IPO, seeking a valuation of about $6.5 billion. "Oppenheimer" dominated the 96th Academy Awards, winning seven awards, including best picture and best director.