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Jack Ma Ceding Control In Ant, Brazil’s ‘Capitol Hill Moment,’ Goldman Sachs Job Cut Rumors And More: 5 Key Stories You May Have Missed From The Weekend

The lull that characterized the holiday period continued into the past weekend. News flow is likely to pick up pace after the Martin Luther King Jr. holiday scheduled for Jan. 16, as the curtains lift on the fourth-quarter reporting season. Here's a recap of a few major headlines that hit the wire over the weekend:

AAPL

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US Stocks Look Set To Carry Last Week’s Momentum Forward On Monday — Focus Now On Inflation Data, Q4 Reporting Season

Trading in the U.S. index futures points to a positive start by Wall Street stocks on Monday. With not much going around, traders may turn to a Fed speech, any potential preannouncements and energy prices for trading cues.

BABA

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Elon Musk Warns Of More Pain As Commercial Real Estate Prices Pull Back To 2009 Levels

The housing market, which was the trigger point for the 2008 recession, is acting up yet again. The development is concerning given a majority of economists have begun discounting a moderate to severe recession. What Happened: Tesla CEO Elon Musk issued a premonitory warning over the weekend regarding more pain for the housing market.

CVX