5 things to know before the stock market opens Tuesday

Rivai H Tukimen

1. S&P 500 futures are lower after snapping long losing streak

Traders on the NYSE, May 20, 2022.

Source: NYSE

2. Bond prices fall, 10-year yield tops 2.8%

Investors also were digesting comments Monday from Federal Reserve Governor Christopher Waller, who said in a speech he supports the central bank taking interest rates above neutral by the end of this year. The so-called neutral rate is the level at which Fed policy neither restricts nor supports economic growth.

3. Oil rises as EU reaches deal to ban most Russian crude imports

A general view of oil tanks in the Transneft-Kozmino Port near the far eastern town of Nakhodka, Russia.

Yuri Maltsev | Reuters

4. Shanghai set to ease strict Covid lockdowns

After about two months of lockdown, Shanghai announced plans over the weekend to relax restrictions on business activity. Subway riders pictured here on May 28, 2022, ride on one of four lines in the city that have resumed operations.

Vcg | Visual China Group | Getty Images

5. Unilever shares jump as Nelson Peltz to join its board

Nelson Peltz

Cameron Costa | CNBC


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