
In the corporate space, Cal-Maine Foods and Stitch Fix are scheduled to report earnings. Elsewhere, investors are keeping a close eye on Tesla, after news emerged that CEO Elon Musk had settled charges with the Securities and Exchange Commission over his recent bid to take the firm private.
Over the weekend, news emerged that Musk would relinquish his position as chairman of the board at Tesla for at least three years and that, as part of the settlement, Tesla and Musk would pay $20 million each.
On Friday, Facebook announced that it had discovered a security problem that enabled hackers to obtain information that could give them control of the accounts of up to 50 million users.
Elsewhere, investors will be keeping an eye on news surrounding Supreme Court nominee Brett Kavanaugh, as his future at the federal courthouse is called into question, amid allegations of sexual misconduct.
The FBI is currently investigating, following an order from President Donald Trump, who agreed Friday to have the bureau look into the allegations made against Kavanaugh.
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