5 things to know before the stock market opens Tuesday, March 22nd

Here are the top news, trends and analysis that investors need to start their trading day:

Ukrainian forces said early on Tuesday it They took back a suburb of strategic importance Kyiv. However, Russia continued to press on other areas near the capital and its attack on the besieged southern port of Mariupol relentlessly raged.

• our president Joe Bidenwho heads to Europe later in the week to meet allies, said on Monday that the Russian president Russian President Vladimir Putin’s Back Against the Wall It may resort to the use of chemical weapons.
• White House Also warned of potential cyber attacks, and urged US companies to “immediately” toughen their defenses.

daw arrow nike It rose nearly 5% on Tuesday, in the morning after reporting fiscal third-quarter earnings and revenue that skip grades. Nike cited strong demand in North America but chose not to provide forward guidance on the back of inflation uncertainty, the Ukraine-Russia war and clogged supply chains.

Boeing CEO Dave Calhoun He told the staff The aircraft manufacturer has offered the full support of its technical experts in the investigation of the crash of the China Eastern Airlines 737-800 with 132 people on board. The plane crashed in a mountainous area in southern China early Monday morning. Boeing’s stock, Dow, advanced modestly in premarket trading, one day after falling 3.6%.

daw arrow Disney It fell more than 6% in a month, and settled in the market a week before the planned employee strikes, starting Tuesday, in protest against CEO Bob Chapek. delayed conviction of the so-called “Don’t Say Gay” bill in Florida. Chapek said Monday that the company made a mistake by previously remaining silent about legislation in the state, home of Disney World.

Ali Baba Shares jumped more than 9% in pre-market trading Tuesday after the Chinese e-commerce giant said it would increase the size of its share buyback program by 66% to $25 billion. Alibaba has repurchased about 56.2 million US deposit receipts, worth about $9.2 billion, under its previously announced buyback program. ADRs are shares listed in the United States, and act as agents for foreign companies. Alibaba is looking to boost investor confidence as its stock has lost about two-thirds of its value since hitting an all-time high in October 2020.

Tesla Executive Director Elon Musk Tuesday is set to open The electric carmaker’s first manufacturing facility in Europe, it cuts the tape at the Berlin plant. Tesla sees the plant producing up to 500,000 cars a year. The long delay in licensing the facility meant that Tesla had to service earlier European orders from its Shanghai factory, increasing logistical costs. Select customers on Tuesday He will get a model Ys Made in Berlin. Musk said new orders from the factory may be delivered as soon as next month.

– CNBC Reports Arjun KharbalAnd the Sam Shedd And the Lauren Thomas The Associated Press and Reuters also contributed to this report.

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