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5 Things You Should Know Before The Stock Market Opens Tuesday, July 20th

Here are the most important news, trends and analyses that investors need to start a trading day:

1. Dow set to bounce after a 725 point slide on Monday

A trader on the floor of the New York Stock Exchange.

Source: NYSE

Dow futures bounced off Over 200 points on Tuesday, the day after the 30-share average reached its worst session in eight months.Dow to start the week 725 points sunk, Or 2% or more. This is due to the proliferation of Covid cases in the United States and around the world due to the prevalence of delta variants.

The· Treasury yield for 10 years Fell at the beginning of Tuesday, Temporarily trade at less than 1.17% Touch the new five-month lows before rising. The decline in yields, which is inversely proportional to bond prices, has put some pressure on pre-market equity trading, reflecting growing concern about whether Covid’s revival will hurt global economic growth.

2. Bitcoin falls below $ 30,000 for the first time in almost a month

Photo illustration depicting the cryptocurrency Bitcoin.

Jakub Porzycki | NurPhoto via Getty Images

Bitcoin fell below $ 30,000 For the first time in almost a month, Drag other digital coins down.. As of 6:29 am on Tuesday, nearly $ 90 billion has been wiped out of the entire crypto market in 24 hours, according to CoinMarketCap data. The world’s largest cryptocurrency hit a record high of nearly $ 65,000 in April. since then, Bitcoin It plummeted by more than 50%. The new crackdown on crypto trading and mining in China is one of the factors that has recently weighed on the price of digital coins.

3. Blue Origin founder Jeff Bezos launches into space

From left: Oliver Damen, Wally Funk, Jeff Bezos, Mark Bezos.

Via @jeffbezos on Instagram

Jeff Bezos‘Blue Origin Scheduled to be released The first passenger spaceflight on Tuesday was on board the founder of Billionaire, his brother, Mark, aerospace pioneer Wally Funk, and Dutch teen Oliver Damen. The 52nd anniversary of Apollo 11’s lunar landing is scheduled for 9 am Eastern Standard Time. Richard Branson Launched to the edge of the upper universe Virgin GalacticThe fourth space flight on July 11 went to space for the first time as the founder of a space company.

4. Apple reportedly delays plans to return to the office by a month

The Apple Inc. sign is located on the Apple campus in Cupertino, California.

Bloomberg | Bloomberg | Getty Images

Apple We are delaying our plans to return to our office in September by at least a month. According to Bloomberg, As the Covid Delta variant spreads. According to Bloomberg, the tech giant gives workers more than a month’s lead time before they need to return to the office. June, Apple CEO Tim Cook In an internal email, employees said they would return to the office three days a week from early September. The decision sparked a backlash among Apple employees who wrote a letter to Cook asking them to reconsider.

5. IBM shows the strongest revenue growth in three years

Joan Cross Garcia | Corbis via Getty Images

IBM Beat estimate Adjusted second-quarter revenue was $ 2.33 per share, up 4 cents. The company said Monday afternoon that sales were up 3.4% to $ 18.75 billion, higher than expected. It was backed by IBM’s cloud and software business and recorded the strongest revenue growth in IBM’s three years. IBM has reiterated its expectation that revenue will increase, not decrease, throughout the year. The Dow Jones Industrial Average rose nearly 4% in the premarket on Tuesday. As of Monday’s closing price, stocks were up 9.5% annually.

— Reuters contributed to this report.Follow all market behavior like a pro CNBC Pro..Get the latest pandemic information at CNBC Coronavirus Coverage..

5 Things You Should Know Before The Stock Market Opens Tuesday, July 20th

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