5 things to know before the stock market opens Tuesday, July 12

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People walk by the NYSE in New York City. Spencer […]

People walk by the NYSE in New York City.

Spencer Platt | Getty Images News | Getty Images

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

1. Futures slide

2. A weakened euro

EU officials said their inflation forecasts will be revised upwards, but they do not point to a recession yet.

Bloomberg | Bloomberg | Getty Images

3. PepsiCo boosts sales outlook

Bottles of Pepsi are pictured at a grocery store in Pasadena, California.

Mario Anzuoni | Reuters

4. Gap CEO steps down

Sonia Syngal, CEO of Gap Inc.,

Alex Brandon | AP

5. Peloton shifts gears

A Peloton store in Walnut Creek, California, U.S., on Monday, Feb. 7, 2022.

David Paul Morris | Bloomberg | Getty Images

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