5 Things to Know Before the Stock Market Opens [Video]

Shares of Tesla (TSLA) are soaring in premarket trading as investors buy into plans for a cheaper electric vehicle (EV), overlooking results that missed analysts’ forecasts; Meta Platforms (META) is rising ahead of the company’s earnings report after the closing bell; President Biden is set to sign into law a measure that could ban TikTok from American app stores if Chinese owner ByteDance doesn’t sell it within a year; shares of embattled aircraft maker Boeing (BA) and telecommunications giant AT&T (T) are rising after the companies topped expectations with their earnings reports. Futures on major U.S. stock indexes were pointing higher, after the S&P 500 drove a second straight day of gains Tuesday. Here’s what investors need to know today.

Shares of Tesla (TSLA) were about 12% higher about 90 minutes before the opening bell as investors shrugged aside disappointing quarterly earningsand turned their sights …