10 things you need to know before the opening bell - Business Insider

Here's what you need to know before the markets open.US oil prices tanked on Tuesday as fears mounted that global oil storage is running out, prompting concerns that the June contract could significantly plunge in the same way as the May contract did last week.Adjusted revenues slid 6% to below $14 billion as the global equities sell-off and lower interest rates weighed on the wealth management business.

German sportswear giant Adidas plans to ramp up its digital presence as more than 70% of its global store base remains shut during the coronavirus pandemic.Oil prices have tanked in recent days as traders scramble to find places to store oil, but UBS expects the reverse situation to happen in the fourth quarter of the year. Millions of Americans who have been thrown out of work during the coronavirus pandemic have been unable to register for unemployment benefits since the U.S.

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