5 Things to Know Before the Stock Market Opens [Video]

Ahead of a heavy earnings week, investors are focused on news that U.S. President Joe Biden has dropped out of the 2024 presidential race and endorsed Vice President Kamala Harris to be the Democratic Party’s nominee; Delta Air Lines (DAL) continues to cancel flights as the carrier keeps struggling to restore services after Friday’s major technology outage; Nvidia (NVDA) shares are rising in premarket trading after investors scaled back their holding of the year’s top artificial intelligence (AI) chipmaker last week; CrowdStrike (CRWD) shares are falling, extending their declines from Friday, after the cybersecurity firm’s software update caused the global IT outage; and China’s central bank cut a short-term interest rate. U.S. stock futures are rising after major indexes finished sharply lower Friday. Here’s what investors need to know today.

President Joe Biden dropped outof the 2024 presidential race on Sunday, endorsing Vice President Kamala Harris to be …