Right here’s what we’re watching as markets kick into gear on Tuesday.

—U.S. inventory futures edged decrease as buyers awaited Federal Reserve Chairman Jerome Powell’s testimony in Congress on the well being of the economic system.

Futures tied to the S&P 500 ticked down 0.4%. The benchmark shares gauge on Monday fell for a fifth consecutive day, its longest dropping streak since final February. Contracts for the Nasdaq-100 retreated 1.5%, suggesting expertise shares will proceed to steer the market decrease. Learn our full market wrap right here.

What’s Coming Up

—Earnings from Toll Brothers and XP are due after markets shut.

—Fed Chairman Jerome Powell will testify earlier than Congress at 10 a.m. ET, offering an summary of the economic system and financial coverage. It’s the start of a two-day testimony on Capitol Hill. Watch the livestream right here.