5 things to know before the stock market opens Tuesday

Here are the most important news investors need to start their trading day:

The Nasdaq put together a second straight day of gains on Monday, even as the Dow and S&P 500 slumped. Tech-heavy Nasdaq struggled mightily last year, as stocks took a big plunge Tesla, However, can this year bring about a substantial change? a classic indicator suggests that the stock, overall, is in for a good year. Simply, it’s that the S&P 500 has done well after the first five trading days of the year — up 1.1% so far — and that could signal a positive 2023. Speak. Read Live Market Updates Here,

Goldman Sachs ready to close Up to 3,200 employees this week, a warning sign that Wall Street is preparing for a lower low this year. There’s a silver lining though: These 3,200 jobs represent about 6.5% of the big bank’s workforce, while Goldman was expected to cut up to 8% of its workforce. Still, that doesn’t mean Goldman and Wall Street in general are done with layoffs. Banking officials will be watching to see what happens in the first quarter, especially whether the economy enters a recession. In such a situation, there may be further cuts in February or March.

The new year brought a tough return to office requirements for many companies and their employees, with bosses calling for hybrid schedules that involve two or three days a week. but no exceptions disneyWhere CEO Bob Iger told corporate employees they should come to the office at least four days a week, starting March 1st. Iger is also looking to set a new tone at Disney, nearly two months after returning to the chief executive office following the abrupt dismissal of his chosen successor, Bob Chapek. “As you’ve heard me say many times, creativity is the heart and soul of who we are and what we do at Disney,” Iger wrote to employees. “And in a creative business like ours, nothing can replace the ability to connect, observe and create with peers that comes from being together physically, nor the ability to grow professionally by learning from leaders and mentors.” opportunity.”

bed Bath and Beyond There probably isn’t much time left. Last week, just days before the troubled retailer was scheduled to report quarterly earnings, the company announced a slew of results while warning that it may soon seek bankruptcy protection. bed Bath, which reported quarterly earnings on Tuesday, warned that it was quickly running out of cash as sales fell more than expected. Its losses mounted, as well as its issues with getting merchandise on shelves. Tuesday’s report may shed more light on what’s been going on at the company, including what lies ahead, as its turnaround strategy becomes hazy. Read more from CNBC’s Melissa Repko and Gabrielle Fonrose Here,

The Russian military has made “strategic progress” in its push to seize territory in the Donbas region. In particular, they aim to capture the town of Bakhmut, which appears to be Moscow’s “main immediate operational objective”, according to Britain’s Ministry of Defence. Meanwhile, four civilians were killed and some 30 were injured in recent Russian missile attacks on the northeastern, eastern and southern regions of Ukraine. Read live updates of war Here,

College football season ended with a big bang. The Georgia Bulldogs repeated as national champions after defeating the underdog TCU Horned Frogs 65–7 on Monday night. Since the inception of the bowl championship series in 1998, no team has scored more points in the national title game. according to the associated press,

— CNBC’s Tanya Machil, Hugh Son, Alex Sherman, Sarah Whitten, Melissa Repko, Gabrielle Fonrouz and Holly Elliott contributed to this report.

, Follow broad market action like a pro cnbc pro,