5 things to know before the Stock Market opens Tuesday

This is the most important information. These are the important factors that investors need to start their trading day. The first thing is the stock futures slide. U.S. Stock Markets set to fall on Tuesday morning after Walmart cut its profit outlook on Monday.

Stocks have shown signs of life in recent weeks, but they remain sluggish after a terrible first half of the year.

Major indices were up on Monday, with the Dow up; The S&P 500 and Nasdaq were mixed to the downside. The busy earnings schedule also continues. General Motors McDonald’s and Coca-Cola reported the incident urgently before the bell on Tuesday.

Google’s parent Alphabet; Microsoft and Chipotle are scheduled to make announcements after the market closes. Investors will also watch for new economic data Tuesday morning: The Case-Shiller home price index for May will be released at 9 a.m. New consumer confidence and home sales data will be out at 10am.

The second reason is about Walmart’s warning

Walmart, the largest retailer and grocer in the United States, sounded a warning bell on Monday for those worried about the recession. It gave another cause for concern when it lowered its profit guidance.

Shoppers are spending more on essential items such as groceries, which typically have lower margins, the company said. Walmart is cutting prices on products that have been piling up on its shelves, such as clothing, which is crushing its bottom line.

The company’s stock fell. The warning also affects other retailers, including Target and e-commerce behemoth Amazon. Shares of both companies fell outside the market.

The third issue to focus on is the McDonald’s and Coke report

Two consumer giants reported their quarterly results on Tuesday morning, giving investors a taste of how people are bracing against high inflation.

Coca-Cola is a freight forwarder. Both its top and bottom lines topped analysts’ estimates as prices rose to offset costs such as aluminum and corn syrup.

McDonald’s reported a 3.7% increase in U.S. same-store sales, beating StreetAccount estimates of 2.8%. McDonald’s said the increase was largely due to price increases and the popularity of its value offerings.

The fourth important thing is supply chain vexes GM.

On Tuesday, General Motors announced earnings that fell short of Wall Street’s expectations.

The Detroit automaker said parts shortages prevented nearly 100,000 vehicles from being shipped in the most recent quarter.

However, the company maintained its profitability for the year. According to CEO Mary Barra, GM is bracing for a potential recession.

We’ve also modeled a number of down- and- out situations and set to take deliberate action if necessary,” she add in a statement. Crosstown rival Ford scheduled to report results after the bell.

The fifth meeting to watch out for is the Fed’s two-day meeting kicks off.

They’re dishing out a few earnings reports this week. Investors will remain invested as the Fed said Wednesday afternoon after its two-day meeting.

The central bank expected to raise interest rates by 75 basis points (each basis point is equal to 0.01 percentage point). But with inflation on the rise, market watchers are looking to Chair Jerome Powell and his fellow policymakers for hints on what to do next.

I suppose it’s going to be a mixed bag. He’s going to be predicting another quarter of GDP,” Vincent Reinhart, chief economist at Dreyfus and Mellon, told CNBC.

CNBC’s Sarah Min Melissa Repko John Rosevear Amelia Lucas and Ian Krietzberg urgently contributed to this report.

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