S&P 500, Bitcoin, Li Auto: What to Watch When the Stock Market Opens Today

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U.S. stock futures fell as jitters in China’s indebted property sector rippled into global markets. Here’s what we’re watching ahead of Monday’s trading session. The Cboe Volatility Index—Wall Street’s so-called fear gauge, also known as the VIX—ticked up to 25.44, its highest level since mid-May. Shares of banks and financial services companies, which tend to be among the most economically sensitive stocks, declined premarket. Bank of America and Goldman Sachs Group shares each fell 2.6%. Energy stocks fell premarket as futures for Brent crude, the benchmark in international energy markets, fell 1.8% to $73.99 a barrel. Shares of Occidental Petroleum fell 4.9%, Devon Energy declined 4% and Marathon Oil shed 3.3%. Shares of bitcoin mining stocks fell alongside the price of the world’s largest cryptocurrency by market value. Hut 8 Mining shares fell 5.6% and Marathon Digital Holdings declined 6.1% premarket. Bitcoin’s
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