5 things to know before the stock market opens Tuesday, April 19
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Investors need the following news, analysis and trends to help them start trading:
1. The futures remain steady as earnings rise, but the focus is on rising bond yields
Traders trade at the New York Stock Exchange’s floor in New York City during morning trading, April 12, 2022.
Getty Images| Getty Images
2. J&J lowers 2022 outlook, halts Covid vaccine sales guidance
A healthcare clinician prepares a dose of the Johnson & Johnson vaccine for the coronavirus disease (COVID-19) for a commuter during the opening of MTA’s public vaccination program at the 179th Street subway station in the Queens borough of New York City, New York, U.S., May 12, 2021.
Shannon Stapleton | Reuters
Johnson & Johnson’s first-quarter earnings beat and revenue miss before the opening bell led about a dozen S&P 500 companies reporting financial results Tuesday. J&J lowered its full-year sales and profit outlook, and announced a halt in CovidDue to uncertainty and a global shortage of vaccines, J&J has issued guidance on its sales. J&J’s board approved a 6.6% quarterly dividend increase to $1.13 per share.
3. Sources say Apollo would be willing to finance a Twitter Buyout
Apollo Global ManagementFinancing may be available for certain projects Twitter buyout, according to sources who spoke to CNBC. But, this private equity company isn’t keen to join other firms in a takeover bid. This week: Elon MuskCEO, of TeslaSpaceX and SpaceX were willing to acquire Twitter for $43billion. Sources said that financing parties have been discussing their willingness to lend money to Musk and other potential buyers.
4. TSA doesn’t enforce the mask mandate on public transit or planes.
On April 12, 2021, travelers waited in line to be checked in at security at Seattle-Tacoma International Airport (SeaTac), Washington.
Lindsey Wasson | Reuters
Transportation Security Administration will not enforceThe Covid mask mandate was lifted on public transport by a Florida federal judge. This decision came after the Biden administration’s nationwide face-covering mandate, which applies to planes as well as other public transport modes, had been vacated. Kathryn Kimball Mizelle, U.S. District Judge, ruled that the Centers for Disease Control and Prevention exceeded its authority. According to a Biden administration official, the CDC still recommends that public transport users wear masks.
5. Russia shifts its war machine towards east Ukraine
Ukrainian soldiers seen sitting on tanks at the frontline of Donbass, Ukraine, April 12, 2022. Russia started the war for Donbas that they had been working on for some time.
Diego Herrera Carcedo | Anadolu Agency | Getty Images
Russia’s eagerly awaited offensive in eastern Ukraine appears to be underwayAfter pulling troops back from the north front. The Kremlin launched attacks against a variety of Donbas regions. Russian President Vladimir Putin would have been pleased with the outcome of the Eastern offensive. Vladimir PutinThis is a crucial part of Ukraine, and it was a much-needed victory following the failure of plans to take over Kyiv. Eight years ago, Eastern Ukraine’s Donbas region was the scene of conflict between pro Russian separatists in war with Ukrainian fighters.
— CNBC reporters Vicky McKeever, Spencer Kimball, Alex Sherman Holly EllyattThis report was also contributed by The Associated Press.
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