Before Monday, Dow Jones futures were down by 0.6%.
As the NASDAQ drops 84 points and the Dow Jones futures fall 172 points, the market is expected to open lower.
Last week's stock market trading saw a 0.8% increase in the Dow Jones Industrial Average.
As concerns about inflation persist, the Dow Jones opens the week in the negative.
We'll get where things stand and whether the Fed's actions are having an impact from the report on Wednesday.
The main concern is China's covid crackdown, Hongkong market, and Musk's Twitter pullback.
Amid Alibaba's fine from China, oil prices also decreased by almost 2%.
Within a few days, some blue chip companies will release their quarterly results, including Pepsi on Tuesday.
Monday morning, stock prices for Boeing and Intel are falling, sending the Dow Jones into the red.
On Monday morning, the yield on the 10-year Treasury fell to 3.03%.