Here’s what we’re watching as markets kick into gear on Tuesday.
—U.S. stock futures edged higher Tuesday, suggesting major indexes will resume their recent climb after a slide in technology shares weighed on markets at the start of the week. Read our full market wrap here.
What’s Coming Up
—Live Q&A: Join WSJ chief economics correspondent
for an interview with the St. Louis Fed’s
Bullard at 1 p.m.
—The U.S. job openings and labor turnover survey for November is out at 10 a.m. ET.
Market Movers to Watch
shares climbed 2.3% premarket. The social media giant said it removed more than 700,000 accounts associated with a QAnon conspiracy theory, saying that they share content that has the potential to lead to offline harm.
shares shot 10% higher in off-hours trading. The medical supplier is in talks to merge with Steris, The Wall Street Journal reported. A mostly-stock deal might be completed on Tuesday.
a real-estate investment trust, is down 5.6% premarket after pricing 10.5 million new shares of common stock. It said it plans to use the proceeds to buy more properties.
—Shares of solar-power developer
are up 3% in premarket trading.
—Automatic test-equipment developer
is up 3.2% premarket, pointing to a sixth straight day of gains for the stock.
The small-cap stock index Russell 2000 was already up 5.9% so far for the year, at Monday’s close.
Chart of the Day
Low interest rates and government budget woes provide the backdrop for more debt issuance, and the trend looks likely to continue.