Top 5 Things to Know in the Market Today

1. Global stocks rise as markets keep an eye on oil
U.S. stock index futures pointed to a marginally higher open on Monday morning, as investors looked ahead to a fresh batch of corporate earnings reports and U.S. economic data, while keeping an eye on oil prices.

2. Oil rallies to 3-week highs on hopes for producer action
Oil prices rallied for the third session in a row on Monday, hitting a three-week high amid indications major oil producers are reconsidering a collective production freeze in a bid to boost the market.
U.S. crude was up 40 cents, or 0.9%, at $44.89 a barrel during morning hours in New York, while Brent tacked on 38 cents, or 0.81%, to $47.35 a barrel.

3. Japan's economic growth stalled in the second quarter
Japan’s economy nearly stalled in the second quarter amid falling exports and weak capital expenditure, putting even more pressure on policymakers to come up with stimulus measures that produce more sustainable growth.

4. U.S. dollar struggles at more than 1-week low
The dollar languished at a more than one-week low on Monday as disappointing U.S. retail sales and inflation data tempered expectations of a near-term interest rate hike by the Federal Reserve.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, slumped to a more than one-week low of 95.19 on Friday. It was at 95.64 by early Monday.

5. Brexit could be delayed until late 2019
Britain's exit from the European Union could be delayed until late 2019, instead of early that year as expected by some politicians, the Sunday Times reported, citing sources that were briefed by ministers.

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