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5 things to know before the stock market opens Tuesday, April 26

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Investors need the following news, analysis and trends to help them start trading:

1. Wall Street’s return to Wall Street is not reflected in stock futures.

Traders in New York City work at the New York Stock Exchange (NYSE), April 25, 2022. 

Spencer Platt | Getty Images

U.S. stock futuresAs earnings reports from large U.S. companies poured in, Tuesday’s decline was a result of the after-the bell quarterly results. MicrosoftGoogle parent AlphabetThis is the premier megatech company this week.

  • Wall Street experienced a major turnaroundMonday saw the Dow Jones Industrial Average reverse a 488 point decline and close at 238 points, or 0.7% more. The S&P 500 and the Nasdaq erased losses, finishing up 0.6% and 1.3%, respectively.
  • Bond yields ticked lowerConcerns about economic slowdown Tuesday were raised by a variety of reports that hit before the bell. Estimates for March durable goods orders were met. Also coming up are February S&P/Case-Shiller housing data at 9 a.m. ET. April new home sales, and April consumer confidence will also be available at 9 a.m. ET. ET.

2. PepsiCo raises revenue outlook as earnings beat estimates

PepsiCo products in this illustration are displayed on October 05th, 2021, Chicago, Illinois.

Getty Images| Getty Images

PepsiCo‘s better-than-expected revenue and adjusted profit in the first quarter led a crush of S&P 500 companies reporting earnings Tuesday. A day later than rival Coca-ColaPepsiCo delivered solid earnings and kept its guidance. raised its full-year forecastFor organic revenue growth. Pepsi was among a group of Western companies that suspended part of their business in Russia in March as a punishment for the attacks on Ukraine. But, they were not able to stop all sales like Coca-Cola.

3. U.S. expands access to Covid pill; Beijing does mass testing

Coronavirus disease (COVID-19), treatment pill Paxlovid seen in a container, Misericordia Hospital in Grosseto in Italy, February 8, 2022

Jennifer Lorenzini | Reuters

The U.S. is expanding accessTo oral antiviral therapies against Covid like PfizerAccording to the White House, Tuesday’s Paxlovid will double the amount of available locations. Beginning this week, U.S. Government will allow drugstores to receive free antiviral medications from federal pharmacies.

China’s capital Beijing noticed a rise in Covid-related cases during the weekend. On Monday, mass testing was initiated in Chaoyang. The district’s high-risk zone was identified by the community pictured above.

China News Service | China News Service | Getty Images

Officials in Beijing had to screen three quarters of its 22 million inhabitants Tuesday for the coronavirus test. raced to stamp outA nascent epidemic under the country’s zero-Covid strategy. They are trying to prevent the crippling lockdown in Shanghai, China’s largest city, that has hampered it for over a month.

4. Twitter CEO: Company’s future uncertain under Musk. Dorsey supports

TwitterParag Agrawal, CEO told employeesAfter Monday’s events, the fate of social media company is unknown. Elon MuskThe take-private deal closes. Reuters heard Agrawal’s speech during a companywide meeting. Musk is the richest man in the world and SpaceX CEO. He will address Twitter employees for a Q&A session later.

Jack Dorsey, CEO of Twitter, addresses students at a town hall held by the Indian Institute of Technology in New Delhi (India), November 12, 2018.

Anushree Fadnavis | Reuters

Among those reactingTo Twitter, Musk was a co-founder and fellow billionaire. Jack Dorsey. Dorsey tweeted Monday night: “Elon, the singular solution that I trust.” His mission is to spread the light of consciousness. I believe in it.

5. The WSJ claims that Fidelity is allowing retirement savers to add bitcoin to their portfolio.

At the Miami Beach Convention Center, you can see a Bitcoin logo during the Bitcoin Conference 20,22. This was on the 6th of April 2022.

Marco Bello | Reuters

Fidelity Investments allows investors to increase their capital. bitcoinContribute to their 401 (k)s according to The Wall Street JournalOn Tuesday. Fidelity will allow 23,000 employers to manage their retirement savings programs to include bitcoin in their plans. The Journal reported that this option would be available later this year. Fidelity’s head of platforms and workplace retirement options stated that the initial availability will be restricted. bitcoinHowever, he expects that other digital assets will be available in the near future.

— CNBC’s Tanaya Macheel, Hannah Miao, Sarah MinAnd Ryan BrowneThis report also included contributions from Reuters.

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