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5 things to know before the stock market opens Tuesday

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

1. S&P 500 set to make a run at last month’s record highs

Traders on the floor of the New York Stock Exchange.

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Source: NYSE

2. News sites including New York Times restored after outage

An outage that brought down many websites Tuesday morning was mostly fixed and the leg down in U.S. stock futures evaporated. Reddit and global news websites including the Financial Times, The New York Times and Bloomberg were down, with some users unable to access those sites early Tuesday. Most of them were back online after a problem with Fastly’s content delivery network. Just before 7 a.m. ET, Fastly said on its website that “the issue has been identified and a fix has been applied.” Shares of Fastly dropped about 2% in premarket trading.

3. Bitcoin slides 7% after U.S. seizes most of Colonial Pipeline ransom

A Bitcoin logo seen displayed on a smartphone with stock market percentages in the background in this illustration taken April 26, 2021.

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Omar Marques | SOPA Images | LightRocket | Getty Images

Storage tanks at a Colonial Pipeline Inc. facility in Avenel, New Jersey, on Wednesday, May 12, 2021.

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Mark Kauzlarich | Bloomberg | Getty Images

Colonial Pipeline CEO Joseph Blount is set to testify Tuesday before the Senate Homeland Security Committee. He’s expected to face questions about the company’s response to the cyberattack and his decision to authorize the $4.4 million ransomware payment.

4. White House to unveil plans to strengthen critical supply chains

President Joe Biden speaks about the May jobs report on June 4, 2021, at the Rehoboth Beach, Delaware, Convention Center.

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Jim Watson | AFP | Getty Images

5. Apple showcases privacy in software updates at developers’ conference

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