5 things to know before the stock market opens

1. Futures plunge, with S&P 500 ready to collapse into a bear market.

2. Stocks fall as bond rates rise and recession fears grow.

3. The Fed may raise rates 0.5% this week, but markets want more.

4. Bitcoin falls below $24,000 as the crypto market declines.

5. The first post-SPAC electric vehicle declares bankruptcy

Last Mile Solutions, an EV startup, declares bankruptcy.

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