Good morning moomooers! Here are things you need to know before the opening bell:

• Futures contracts tied to the major U.S. stock indexes rebounded on Tuesday from modest losses in the prior session after better-than-expected earnings from Home Depot and a rebound in tech shares

• Stocks making the biggest moves in the premarket: Macy’s, Home Depot& more

Market Snapshot

Futures contracts tied to the major U.S. stock indexes rebounded on Tuesday from modest losses in the prior session after better-than-expected earnings from Home Depot and a rebound in tech shares.

Futures on the Dow Jones Industrial Average pointed to an opening gain of about 62 points. Contracts tied to the S&P 500 rise 12.75 points. Nasdaq 100 futures surge 102.75 points.

Premover

Stocks making the biggest moves in the premarket: Macy’s, Home Depot& more

$Macy's Inc(M.US)$ - The retailer earned 39 cents a sharefor the first quarter, including 1 cent a share from real estate-related gains, compared to expectations of a 41 cents per share loss. The retailer’s revenue topped estimates as well amid a better than 60% surge in comparable-store sales. The company also raised its full-year forecast. Macy’s shares rallied 6% in the premarket.

$The Home Depot Inc(HD.US)$ - The home improvement retailer reported first-quarter earnings of $3.86 per share, beating the consensus estimate of $3.08 a share. Revenue also topped Wall Street forecasts, as comparable-store sales rose a better-than-expected 31%. Analysts surveyed by FactSet had expected a 20.2% increase in comparable-store sales. Home Depot shares gained 2.2% in premarket trading.

Top News

• Stock futures rally, led by tech
  

  S&P 500 futures ground higher, signaling a rebound for the broad market gauge that would erase Monday's muted losses.

• Stop new oil investments to hit net-zero emissions, IEA says
  

  Investment in new fossil-fuel supply projects must immediately cease if the world is going to slash net carbon emissions to zero by 2050, the Paris-based energy watchdog said.

• RBA cautious despite roaring Australian economy
  

  Despite a big spending Australian federal budget last week and recent upgrades to the growth outlook, the Reserve Bank of Australia continues to see only muted inflation risks in the years ahead, likely putting off the need for a rise in interest rates until 2024 "at the earliest."

• Elon Musk tweet prompts bitcoin selloff
  

• A tweet from the Tesla CEO prompted speculation that the electric-car maker had sold, or would sell, its holdings of the cryptocurrency.

• Fed's Clarida says job market calls for continued Fed stimulus
  

  Federal Reserve Vice Chairman Richard Clarida said the process of starting the economy back up again may be an uneven one.

• Fed's Bostic says it's not time for Fed to change policy stance
  

  The Atlanta Fed leader said it will take some time to get a clear read on inflation.

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