5 things to know before the stock market opens Tuesday

SourceCNBC
SectorFinancial Markets
CountryMiddle east

Here are the most important news, trends and analysis that investors need to start their trading day: Traders work on the floor of the New York Stock Exchange. U.S. stock futures were mostly lower Tuesday, pointing to a 1.4% decline in the Nasdaq, one day after the index sank nearly 2.5% in its worst single-day drop in almost a month. Tech stocks continued to slide in Tuesday's premarket, with Apple down another 2% after closing lower by nearly 3% Monday. Dow stock Home Depot dropped 2% in premarket trading on worries that Covid pandemic sales gains won't last. A stock drop of that magnitude would put a major dent in modest year-to-date gains. The S&P 500 on Monday fell almost 0.8%, in a fifth straight decline, its worst losing streak in nearly a year.

The Dow Jones Industrial Averaged bucked Monday's downdraft, closing slightly higher. It's doing so again Tuesday morning. All three stock benchmarks remained stronger for the month. ...read more...