5 things to know before the stock market opens on Monday, August 2nd

Here are the most important news, trends and analysis that investors need to start their trading day:

1. The S&P 500 is set to begin higher in August after six straight monthly gains

Traders are working on the floor of the New York Stock Exchange (NYSE) in New York on July 15, 2021.

Brendan McDermid | Reuters

2. July employment report, quarterly earnings dominated the week ahead

3. The Senate finalizes the text of the bipartisan infrastructure legislation

An aerial view shows construction continuing on the Sixth Street Viaduct replacement project, which connects Boyle Heights with downtown, on July 28, 2021 in Los Angeles, California.

Mario Tama | Getty Images

4. Covid spike case again; the moratorium on federal evictions expires

A health worker at a drive-thru site installation by Miami-Dade and Nomi Health in Tropical Park is preparing to administer a COVID-19 vaccine on July 26, 2021 in Miami, Florida.

Joe Raedle | Getty Images

The increase in delta-driven Covid infections across the country is feeling particularly harsh in Florida. A day after recording the newest daily cases since the beginning of the pandemic, Florida Sunday broke a current hospitalization record established more than a year ago, before vaccines were available. The last seven-day average of new skin infections in the United States has increased 54% from a week ago.

Tenants and housing rights activists are protesting an arrest warrant for rent and mortgage debt, during the coronavirus disease epidemic (COVID-19), in Los Angeles, California, United States, on the 1st October 2020.

Lucy Nicholson | Reuters

Evictions, which were largely paused during the pandemic, are planned to ramp up Monday after a federal moratorium expired over the weekend. On Friday the legislators of the house tried but failed to pass a bill to extend the eviction relief even for a few months. More than 15 million people live in households that owe $ 20 billion to their owners, according to the Aspen Institute think tank.

5. Jack Dorsey’s Square to buy Australia Afterpay in a $ 29 billion deal

Jack Dorsey, CEO of Twitter and co-founder and CEO of Square, speaks during the crypto-currency Bitcoin Convention 2021 at the Mana Convention Center in Miami, Florida, on June 4, 2021.

Marco Bello | AFP | Getty Images

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