Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Stocks near record highs
1. Stocks near record highs
U.S. stocks have largely stalled since hitting record highs in May 2015. But following heavy post-Brexit vote losses, the S&P 500 and Dow Jones industrial average have rebounded strongly.
The S&P 500 is now less than 1% away from its all-time high and the Dow is about 1% away from a new record. The Nasdaq still has some way to go, however, before reaching its peak posted in the middle of last year.
Currently, U.S. stock futures are moving up. European markets are posting steady gains in early trading.
Most Asian markets also rose Monday as investors got their first chance to react to Friday's strong U.S. jobs report.
2. Earnings season starts
2. Earnings season starts
Corporate America is set to kick off its quarterly earnings season after the closing bell when Alcoa (AA) reports results.
Alcoa is expected to post a big plunge in second quarter profits.
Then later this week, Yum! Brands (YUM), BlackRock (BLK), JPMorgan Chase (JPM) and Citigroup (C) are among the key companies that will release their quarterly results.
3. JPY plunging amid new stimulus plan
3. JPY plunging amid new stimulus plan
Japanese Prime Minister Shinzo Abe ordered a new round of fiscal stimulus spending after a crushing election victory over the weekend as evidence mounted the corporate sector is floundering due to weak demand.
4. Pokémon frenzy
4. Pokémon frenzy
Shares in Nintendo (NTDOY) soared by nearly 25% in Tokyo on Monday after a new craze for the smartphone game Pokémon Go swept the U.S.
The game has already been downloaded more than a million times on Android and Apple devices since its release Thursday.
Pokémon Go uses augmented reality to encourage players to walk around their neighborhoods in search of cute, virtual Pokémon characters on their screens.
