Here are the most important news, patterns and analysis that investors need to start their trading day:1. S&P 500 set to make a run at last months record highsTraders on the flooring of the New York Stock Exchange.Source: NYSEU.S. stock futures turned favorable Tuesday, with the S&P 500 set to make a run at last months record highs in spite of Mondays small dip. The Dow Jones Industrial Average, which likewise fell Monday, was still less than 1% far from its May record close. The Nasdaq started the week with a modest gain, putting the tech-heavy index less than 2% from its late April record close.Meme stocks continued their rally in Tuesdays premarket led by AMC Entertainments 5% advance. Shares of the film theater chain leapt nearly 15% on Monday after acquiring over 80% last week. The SEC stated on Monday its watching volatility in the market and pledged to secure retail investors.Shares of Tesla, down 10% in the previous month, rebounded 3% in Tuesdays premarket after the electrical car manufacturer said it provided 33,463 China-made cars in that market in May. When production was affected by an upkeep shutdown.2, thats up 29% from April. News sites including New York Times brought back after outageAn blackout that lowered lots of sites Tuesday morning was mainly repaired and the leg down in U.S. stock futures evaporated. Reddit and global news sites consisting of the Financial Times, The New York Times and Bloomberg were down, with some users unable to access those sites early Tuesday. The majority of them were back online after an issue with Fastlys content delivery network. Prior to 7 a.m. ET, Fastly stated on its website that “the concern has been recognized and a repair has actually been applied.” Shares of Fastly dropped about 2% in premarket trading.3. Bitcoin slides 7% after U.S. takes many of Colonial Pipeline ransomA Bitcoin logo seen displayed on a mobile phone with stock exchange percentages in the background in this illustration taken April 26, 2021. Omar Marques
The Dow Jones Industrial Average, which also fell Monday, was still less than 1% away from its May record close. The Nasdaq started the week with a modest gain, putting the tech-heavy index less than 2% from its late April record close.Meme stocks continued their rally in Tuesdays premarket led by AMC Entertainments 5% advance. Shares of the film theater chain jumped nearly 15% on Monday after gaining over 80% last week. The SEC stated on Monday its seeing volatility in the market and vowed to protect retail investors.Shares of Tesla, down 10% in the previous month, rebounded 3% in Tuesdays premarket after the electric car manufacturer said it delivered 33,463 China-made vehicles in that market in May. Getty ImagesBitcoin fell more than 7% to under $33,000 on Tuesday.
