5 things to know before the stock market opens Tuesday

5 things to know before the stock market opens Tuesday

1. Wall Street set to rise after S&P 500 hits lowest level in over a year bounced Tuesday, with investors hoping Wall Street can break its three-session losing streak. The on Monday fell to its . The broad market index dropped 3.2%, closing under 4,000. The tumbled nearly 4.3% and the dropped close to 2%. The Nasdaq's bear market approached a 30% decline from its last record high in November. The S&P 500 and the Dow moved deeper into correction territory, defined by a drop of 10% or more from their most recent record highs, which were in early January. 2. 10-year Treasury yield and U.S. oil prices drop; bitcoin bounces The brutal selling in the stock market of late has been triggered in large part by the rise in the , as bond traders bet that the Federal Reserve won't be able to get inflation under control in a timely fashion. Ahead of two key inflation reports Wednesday and Thursday, President on Tuesday remarks on inflation. 3. Peloton plunges after reporting a big loss and weak guidance on Tuesday reported a and a steep decline in sales, as inventory piled up in warehouses and ate away at the company's