5 things to know before the stock market opens Tuesday

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...