10 things you need to know before the opening bell

Chipmaker TowerJazzTechnicians work at Israeli chipmaker TowerJazz's plant in Migdal HaEmek, northern Israel.Reuters/Ronen Zvulun/File Photo

Here is what you need to know.

  1. The stock market rallied during the earnings recession of 2015/2016, but Morgan Stanley Chief US Equity Stragest Mike Wilson lays out eight reasons why equities won't be so lucky this time around.
  2. The Fed meets. Traders are pricing in just a 0.8% chance the Fed hikes rates at the conclusion of its two-day meeting on Wednesday.
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