5 things to know before the stock market opens Monday
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Here are the most important news items that investors need to start their trading day:

1. New week, new data

Stock futures were slightly higher on Monday to kick off the last week of August. Dow Jones Industrial Average futures were up 83 points, or about 0.2%, while S&P 500 futures and Nasdaq-100 futures rose 0.2% and 0.3%, respectively. Stocks are coming off a winning session, as the major indexes rose Friday following Fed Chair Jerome Powell's speech in Jackson Hole, Wyoming. In his remarks, Powell said the central bank had seen signs of progress, but warned that inflation remains "too high" and that the Fed is "prepared to raise rates further if appropriate." This week, investors will be looking ahead to more economic data that could give an indication of the Fed's next move, with the monthly jobs report set to be released on Friday. Follow live market updates.

2. Earnings ahead

A Salesforce corporate logo sign hangs outside their office building in New York City. Gary Hershorn | Corbis News | Getty Images

3. Going public

A shopper for Instacart studies her smart phone as she shops for a customer at Whole Foods in Denver. Cyrus McCrimmon | Denver Post | Getty Images

Tech investors rejoice: The IPO freeze is over. The last major initial public offering for a venture-backed tech company came 20 months ago, leaving many to wonder which buzzy name would be the first to leap into the public markets. An answer finally came Friday, when grocery delivery startup Instacart and data and marketing automation company Klaviyo filed for stock market debuts. Earlier last week, Arm, the chip designer owned by Japan's SoftBank, filed for a Nasdaq listing. CNBC's Ari Levy reports that the three IPOs will be a test to see how investors feel. If they're successful launches, they could inspire more companies to go public.

4. Not so grand

The Evergrande Group headquarters building in Shenzhen is pictured on January 11, 2022 in Shenzhen, Guangdong Province of China. China Evergrande Group founder Hui Ka Yan will be barred from the securities market for life and fined 47 million yuan ($6.53 million) after the regulator accused the group's flagship unit of inflating results, securities fraud and failing to make timely disclosures. Liang Xiashun | Visual China Group | Getty Images

Shares of China Evergrande Group, the world's most indebted property developer, plunged Monday, as it traded for the first time since March 21, 2022. The stock fell as much as 87% on its open. The beleaguered company filed for Chapter 15 bankruptcy in the United States in July, which will protect its U.S. assets from creditors while it works out a restructuring deal. That move came after Evergrande defaulted in 2021 and announced an offshore debt restructuring program in March. The developer has struggled to finish projects and repay suppliers and lenders.

5. The meme goes on

A customer walks up to a closed Bed Bath and Beyond store on February 08, 2023 in Larkspur, California. Justin Sullivan | Getty Images