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5 Essential Pre-Market Insights to Prepare for Monday’s Stock Market Opening on September 11th

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Stock futures gain to start the week on hope the Fed will keep rates steady

Here are the most important news items that investors need to start their trading day:

1. Looking up

Stock futures were higher Monday morning as all three indexes are coming off a losing week. Futures tied to the Dow Jones Industrial Average rose 0.2%. S&P 500 futures climbed 0.4% and Nasdaq 100 futures were 0.6% higher. Investors will be watching for key inflation data this week after several economic reports last week were stronger than expected, increasing concerns that the Federal Reserve could raise interest rates more than previously anticipated. But the Wall Street Journal reported on Sunday that Fed members reached a consensus not to raise rates too much when the central bank meets next week. Futures now put the chance of the Fed holding rates steady at the Sept. 20 meeting at 93%, according to the CME FedWatch tool. Follow live market updates.

2. Lucky number 15?

Apple’s invite to its Sept. 12 event.


Apple is expected to unveil its newest iPhone this week. The company is holding a launch event at its headquarters on Tuesday ahead of the all-important December quarter, which is its biggest of the year by sales. If it does reveal the iPhone 15 (assuming it sticks with its previous naming pattern), analysts are predicting the tech giant will announce a USB-C charging port to replace Apple’s proprietary Lightning port. That means Android phones, newer laptops, iPads, wireless headphones, and other gadgets would have the same charging ports. The tech giant has previously said it will roll out a new operating system, and it could update some of its accessories, including its Apple Watches and AirPod models.

3. IPO watch

Clark resident Jen Valencia shops for a customer as she supplements her income working for Instacart at Acme Market on April 27, 2020 in Clark, New Jersey.

Michael Loccisano | Getty Images

Instacart submitted an updated filing for its upcoming initial public offering, saying it hopes to raise up to $616 million in fresh capital at a valuation of as much as $9.3 billion. The online grocery delivery company on Monday also said it would issue 22 million shares in total, made up of 14.1 million newly issued shares from the company and 7.9 million shares from selling stockholders. The company competes with traditional grocers as well as other food delivery platforms such as Amazon,

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