5 things to know before the stock market opens Tuesday, July 12

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

Stock futures fell Tuesday morning, setting up a second straight day of losses. Markets are coming off a winning week, but investors are wary as companies start to report quarterly results that will be affected by surging inflation, volatile energy markets and continued supply chain difficulties. “Companies are getting squeezed at all sides, they’re getting squeezed on cost of goods and the wages and all things that go into input from our manufacturing goals or services,” Marathon Asset Management’s Bruce Richards told CNBC’s “Closing Bell” on Monday.