Good evening.
Markets climb, Bitcoin briefly falls below $19,000, and all eyes are on the Federal Reserve this week.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks climbed on Monday as investors await this week's Federal Reserve policy meeting.
The Fed is expected to announce a 0.75 percentage point rate hike on Wednesday.
Investor sentiment has shifted back to fear after the stock market suffered one of its worst weeks of 2022 last week:
Big picture: High inflation, war, rising interest rates and the threat of recession have contributed to this year's market rout.
The crypto market rebounded on Monday after Bitcoin dipped to its lowest level in three months near $18,300.
Catch Up
President Biden said the COVID-19 pandemic is "over" during an interview with 60 minutes.
Indian businessman Gautam Adani surpassed Jeff Bezos to become the world's second-richest person. His net worth sits at $147 billion.
The World Bank warns of a global recession in 2023 as central banks tighten policy.