"Stock Market Preparations: Key Factors for Monday's Opening"

As the stock market opens on Monday, investors should keep an eye on the momentum of the major U.S. stock indices, which are set to close higher for July. This week brings a busy slate of quarterly earnings reports, including big names like Apple and Amazon. Trucking company Yellow, formerly known as YRC Worldwide, is shutting down and filing for bankruptcy protection due to its failure to restructure over $1 billion in debt. Lawmakers are pushing for a vote on the Credit Card Competition Act to open up payment network options beyond Visa and Mastercard, sparking a fight between retailers and credit card companies. Ukraine President Volodymyr Zelenskyy claims that the war is returning to Russia's territory, while Ukraine's counteroffensive appears to have started slower than expected.