5 things to know before the stock market opens Tuesday

stock market tech premarket futures
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5 things to know before the stock market opens Tuesday

1. Tech sell-off is set to continue with Nasdaq 100 futures falling more than 1% The rout in technology shares is with Big Tech stocks coming under pressure again in premarket trading. Futures for the tech-heavy shed 1.3%. futures fell 0.8%, while those tied to the were 170 points lower. Shares of Big Tech stocks were all in the red once again Tuesday. , and were down more than 1.5% in premarket trading. shares fell nearly 4% in premarket trading as Reuters reported the electric car maker and bellwether growth play halted plans to expand its Shanghai plant into an export hub. The Nasdaq Composite lost 2.5% on Monday as investors dumped high-flying tech, resuming a trend seen earlier this year amid fears of higher inflation and interest rates. 2. Pipeline shuttered by cyberattack to restore service by end of the week Colonial Pipeline said parts of its system are being brought back online, "Segments of our pipeline are being brought back online in a stepwise fashion, in compliance with relevant federal regulations and in close consultation with the Department of Energy, which is leading and coordinating the Federal Government's response," the company said in a statement Monday afternoon. Colonial

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