5 things to know before the opening of the stock market August 20, 2019

US equity futures were mixed Tuesday morning, after the stock markets recorded a series of wins in three sessions, as the rebound in bond yields eased fears of a possible recession. The Dow Jones Industrial Average added 250 points on Monday, eliminating most of Wednesday's 800-point drop. But the Dow was still down 2.6% for August. While rising bond yields in recent days have contributed to the rise in equities, Treasury yields on Tuesday morning have been under pressure. The 10-year and 2-year returns gap, which was briefly reversed last week, remained on the rise.

The White House denies a Washington Post report that Trump administration officials have launched the idea of ​​a payroll cut to put an end to a possible economic downturn. The report was released as President Donald Trump criticized growing fears of market recession due to reversal of last week's yield curve and the US-China trade war . The president also continued to criticize the US Federal Reserve, saying that interest rates were kept too high.

China may have a new way to revive its economy, which has slowed under pressure from Trump tariffs on Chinese imports into the United States. The People's Bank of China is changing the way commercial lenders set interest rates on loans. On the technological side of the US-China conflict, the Trump administration has proposed a further 90-day extension of a special license allowing US companies to sell limited and specific products to Huawei. However, the United States has added 46 new subsidiaries of the Chinese telecommunications giant to its blacklist. China describes this measure as "unfair" and "politically motivated".

Home Depot's shares were higher in pre-market trading on Tuesday morning, after the home improvement retailer beat estimates with a profit of $ 3.17 per share in the second quarter. However, revenues of $ 30.8 billion were below expectations. Home Depot also reduced its sales outlook for the year, fearing that the trade war with China will slow consumer spending. The company had previously warned of the consequences of a collapse in lumber prices. Lumber accounts for approximately 8% of Home Depot's total sales.

Shares of Beyond Meat rose 7% on Tuesday to nearly $ 155 each, after JP Morgan went from neutral to the meat-processing company and raised its price target to $ 189 per share . JP Morgan has cited several reasons for improvement, including the fact that the stock has dropped 40% since its July 26 summit. However, Beyond Meat has again jumped 476% at Monday close since its initial offering price of $ 25 per share. . The stock has sunk since the end of July, after the company published a surprise secondary offer and a larger than expected loss in the second quarter.