HomeBusiness5 things to know before the stock market opens Tuesday, August 9

5 things to know before the stock market opens Tuesday, August 9

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York, August 8, 2022.

Andrew Kelly | Reuters

Here are the most important news items that investors need to start their trading day:

1. Stock futures mixed

U.S. equities markets were poised for a subdued open Tuesday morning, a day after the Dow squeaked out a win and the Nasdaq and S&P 500 slipped slightly. Investors are anticipating Wednesday’s consumer price index report, as economists expect the pace of inflation to ease a bit, but they are looking forward to more earnings reports. While there have been some big flops – Novovax shares tanked after it dramatically cut its guidance Monday – most companies’ earnings have been positive. About three-fourths of the 400-plus companies that have reported so far this season beat expectations, according to FactSet. Spirit reported Tuesday morning, Coinbase is set…

Read more at www.cnbc.com

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