5 things to know before the stock market opens on Monday

Happy Monday. I spent part of my weekend taking care of my friend’s cat. This meant I was able to run my friend’s air conditioner on my behalf during the heat wave.

Stock futures are mixed this morning. Wall Street is coming off a winning week.

Here are five important things investors need to know to start their trading day.

President Donald Trump spoke with CNBC’s Joe Kernen on Thursday afternoon as some people prepared to head to the beach. In an exclusive interview ahead of the nation’s 250th anniversary, President Trump spoke about the U.S. economy, his business dealings and his children.

Regarding business and the economy, the President said:

President Trump predicts that 40% to 60% of chip manufacturing will be in the United States by the time he leaves office. He also said that “AI is bigger than the internet,” and asserted that the United States is leading the way in this technology. President Trump has said he does not know who controls his personal assets, and that his son Eric is in charge. He believes that U.S. gross domestic product (GDP) “should” be between 12% and 13%. President Trump has claimed that his 401(k) is increasing year over year by “80 or 90%,” but this range doesn’t match the latest data from Fidelity Investments. See here for the biggest points.

Prediction market platforms are inspired by the FIFA World Cup. As CNBC’s Davis Giangiulio reports, trading volume surged from May to June.

Kalsi’s notional trading volume rose more than 70% in June to more than $31 billion, according to Dune Analytics. Polymarket’s international event contract trading volume achieved a new monthly trading record of over $10.8 billion in June.

Speaking of the World Cup: President Trump reportedly asked FIFA to reconsider its one-game suspension of U.S. men’s national team striker Folarin Balogun, but FIFA then surprisingly backed down. The Belgian football authorities have reportedly been granted the right to appeal FIFA’s decision. For now, Balogun will play in today’s final between the United States and Belgium.

On Friday, the Museum of American Finance opened its new Boston headquarters to the public. Among the exhibits is an interactive version of Alexander Hamilton generated by artificial intelligence.

As CNBC’s Sean Conlon reports, it will be the first permanent home for the Smithsonian Institution since it ended its New York City lease in 2018 due to flooding. The 5,400-square-foot museum is located on Boston’s Commonwealth Pier and admission is free.

Visitors can speak in more than 50 languages ​​with Hamilton, the United States’ first Treasury Secretary. You can also ask him questions through AI generation developed in partnership with the Fidelity Center for Applied Technology.

Forget about “Eurosummer”. As CNBC’s Leslie Josephs reports, more U.S. travelers are avoiding the heat and crowds that are synonymous with summer travel abroad. Instead, they are choosing to jet off during cooler, less expensive times like the fall.

Some destinations in Europe will see an extended air travel season (i.e. if the air travel season ends). Airlines will have to abandon their usual strategies to attract these travelers, an especially important challenge in dealing with rising fuel prices.

Here’s what we’re looking at this week:

Tuesday: International trade data for May Wednesday: Levi Strauss Income (after the bell). Fed meeting minutes Thursday: pepsico Income (before the bell) Friday: delta airlines Income (before the bell)

—CNBC’s Dan Mangan, Garrett Downs, Justin Papp, Sean Conlon, Jeff Cox, Fred Imbert, Davis Giangiulio, Sean Conlon and Leslie Josephs contributed to this report.

Luke Fountain helped produce this newsletter. Terry Cullen edited this version.