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5 Things to Know Before the Stock Market Opens Tuesday


U.S. stock futures fell Tuesday, one day after the Dow Jones Industrial Average and S&P 500 surged to closing records as strong U.S. job growth and solid service sector data raised expectations for a swift recovery in the Covid-damaged economy. The Nasdaq s rise Monday brought the index within 2.8% of its record close in February. Tech stocks got a boost from a continued easing in the 10-year Treasury yield. The rapid spike in market rates in 2021, most recently a run of 14-month highs, knocked growth stocks, many of them tech names, as higher borrowing costs erode the value of future profits and squeeze market valuations. ....

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