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5 things to know before the stock market opens Tuesday

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U.S. stock futures were pointing to a steady Wall Street open after the Dow closed erased an over 200-point decline early Monday to close higher.

is out at 10 a.m. ET. The Institute for Supply Management releases its economic index for nonmanufacturing businesses.

The December numbers give investors a look at key service industries that have been the drivers of the American economy in recent months as manufacturing activity has slowed due to the U.S.-China trade war.Elon Musk, chief executive officer of Tesla Inc., speaks during a ceremony at the company's Gigafactory in Shanghai, China, on Tuesday, Jan. 7, 2020.

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