Here’s what we are watching as markets kick into gear Tuesday.
—U.S. stock futures are mostly flat, a day after both the Dow industrials and S&P 500 rebounded sharply. The technology-heavy Nasdaq Composite has gained over 10% so far this quarter, despite declining almost 6% this month. Read our full market wrap here.
—What’s coming up. President Trump and Joe Biden will face off in their first debate at 9 p.m. ET. Micron Technology will report earnings after markets close.
Market Movers to Watch
Moderna slid 3% ahead of the New York opening bell. Still, the stock is up over 260% this year as investors wager the biotech will successfully develop a coronavirus vaccine.
Tiffany ticked down 0.7% offhours. French luxury-goods conglomerate LVMH countersued Tiffany over their merger deal, saying the damage the U.S. jeweler’s business has suffered during the pandemic invalidates their $16 billion deal.
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