5 things to know before the stock market opens Tuesday

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Economy,Markets,Business

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

Chicago Federal Reserve President Austan Goolsbee said the central bank would respond to economic weakness.plunged 12.4%

to close at 31,458.42 — the worst day for the index since "Black Monday" in 1987. Other global markets were also hit, with Europe'sAs a global market sell-off ensued on Monday over recession fears, Chicago Federal Reserve President Austan Goolsbee said that the central bank. "The Fed's job is very straightforward: maximize employment, stabilize prices and maintain financial stability. That's what we're going to do," he told CNBC's ".

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