Good evening.
Markets finish mixed, Bitcoin approaches $20,000 (again), and what is the definition of "recession"?
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks finished mixed on Monday as investors prepare for a busy week of earnings and a Federal Reserve meeting.
Earnings: More than a third of S&P 500 companies will report earnings this week, including tech giants Apple, Microsoft, Alphabet, and Amazon.
Fed meeting: The Federal Reserve meets on Wednesday for its policy meeting. The central bank is expected to raise interest rates by 0.75%.
The crypto market fell on Monday, with Bitcoin sliding to $21,000, as investors moved to the sidelines ahead of the Fed's decision this week.
Catch Up
The World Health Organization (WHO) has declared monkeypox a global health emergency.
The average monthly rent for a Manhattan apartment surpassed $5,000 for the first time last month.
The S&P 500 climbed 2.55% last week. The index is up 9% from its June lows.