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Here are five things you must know for Tuesday, Jan. 30:

U.S. stock futures pointed to sharp declines for Wall Street on Tuesday, Jan. 30, as investors continued to retreat from record highs iamid concerns over valuations in the tech sector and a rise in government bond yields.

1. -- Dow Selloff Stretches Into a Second Day

The Dow Jones Industrial Average was looking at its second consecutive triple-digit decline, according to futures prices, with contracts tied to the index down 161 points. Futures for the S&P 500 fell 12.50 points. Monday, Jan. 29, saw the largest single-day loss for U.S. stocks in at least five months

Janet Yellen will preside over her final meeting as Federal Reserve chair on Tuesday and Wednesday, Jan. 31. The Fed isn't expected to raise rates at the meeting but economists expect the central bank to lift rates when it next meets in March. An announcement on interest rates is expected Wednesday afternoon.

Donald Trump is scheduled to deliver his first "State of the Union" address on Tuesday, and he is expected to highlight immigration and national security issues, discuss trade deals and reveal some of his infrastructure plans.

Pfizer Inc. (PFE) posted fourth-quarter adjusted profit of 62 cents a share, 6 cents above estimates, while revenue of $13.70 billion also topped forecasts. The drug company also issued an upbeat forecast for 2018. The stock rose 0.6% in premarket trading.

Harley-Davidson Inc. (HOG)  shares were down 6% in premarket trading after the motorcycle maker posted fourth-quarter earnings of 5 cents a share, down from 27 cents a year earlier. The latest quarter included a charge of $53 million from the new U.S. tax law. Harley-Davidson said retail motorcycle sales in the fourth quarter fell 9.6%.

Earnings are also expected Tuesday from Advanced Micro Devices Inc. (AMD) , Danaher Corp. (DHR) , Electronic Arts Inc. (EA)  and McDonald's Corp. (MCD)  .

Danaher is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells the stock? Learn more now.

The economic calendar in the U.S. on Tuesday includes the S&P Corelogic Case-Shiller Home Price Index for November at 9 a.m. ET, and Consumer Confidence for January at 10 a.m.

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2. -- Thomson Reuters in Talks to Sell Stake in F&R Business to Blackstone

Thomson Reuters Corp. (TRI) said Tuesday, Jan. 30, that it was in "advanced discussion" with Blackstone Group LP (BX) over the sale of its financial and risk business.

Toronto-based Thomson confirmed earlier reports of talks with the private-equity group, with Reuters reporting the sale would focus on 55% of the F&R business and value Thomson's biggest unit by revenue at $17 billion. The F&R business supplies news analytics and data to financial-sector customers around the world and generated $6.1 billion in revenue in 2016, the company said.

Thomson Reuters would retain a 45% in the business, the report indicated, and would keep full ownership of both its news and legal and tax and accounting divisions. Blackstone would pay around $4 billion in cash for the division and contribute a further $13 billion through new debt taken on by the partnership, Reuters reported.

"The discussions between Thomson Reuters and Blackstone may or may not lead to a definitive agreement," the company said in a statement. "Thomson Reuters does not expect to comment further on market speculation or disclose any further developments unless and until it determines that further disclosure is appropriate or required."

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Shares of Thomson Reuters rose 4% in premarket trading.

3. -- Jamie Dimon to Stay at JPMorgan for 5 More Years

JPMorgan Chase & Co. (JPM) Chairman and CEO Jamie Dimon, 61, who has headed the largest U.S. bank for a dozen years, the longest tenure among sitting Wall Street chiefs, said Monday he and the board agreed he'll stick around for another five years. The stint would earn him Dimon almost $150 million at his current pay level.

The bank also named two lieutenants to top posts. Daniel Pinto, 55, head of JPMorgan's corporate and investment bank, and Gordon Smith, 59, head of consumer banking, were named co-presidents and Dimon's top deputies. The announcement was cast in the light of "management succession planning," but in practical terms it may mean little given Dimon's plan to stay for another five years.

"Management succession planning is the highest priority of the firm's board of directors, and the board knows the firm's senior leaders well through unfettered access and significant interaction," according to a statement. "The board and Dimon both believe that under all timing scenarios, whether today or in the future, the company has several highly capable successors in place."

JPMorgan is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells JPM? Learn more now.

JPMorgan Chase CEO Jamie Dimon.

4. -- Exxon Mobil to Invest $50 Billion in the U.S.

Exxon Mobil Corp. (XOM)  CEO Darren Woods, in a blog post, said the energy giant plans to invest more than $50 billion to expand its business in the U.S. over the next five years.

"These investments are underpinned by the unique strengths of our company and enhanced by the historic tax reform recently signed into law," Woods said.

Exxon said it would look to increase production from drilling operations in West Texas and New Mexico.

The CEO added that Exxon also is "actively evaluating" projects now in planning stages because of the tax law that was signed by Donald Trump in December.

5. -- Waymo Orders Thousands of Chrysler Pacifica Minivans 

Fiat-Chrysler Automobiles NV (FCAU)  said Waymo, a unit of Alphabet Inc.'s (GOOGL) Google, has ordered thousands of Chrysler Pacifica Hybrid minivans for delivery by the end of 2018 as the self-driving subsidiary expands its driverless ride-hailing service to multiple cities, the Detroit News reported.

The Pacifica hybrid will be Waymo's primary workhorse when its service debuts in Phoenix sometime this year. Other cities haven't been announced.

The minivans will be equipped with steering wheels, but will not have drivers in the front seats, the Detroit News reported. Waymo, which had previously ordered 600 Pacificas, is expected to launch the world's first driverless service offered to the public. 

"With the world's first fleet of fully self-driving vehicles on the road, we've moved from research and development, to operations and deployment," Waymo boss John Krafcik said in a statement. "The Pacifica Hybrid minivans offer a versatile interior and a comfortable ride experience, and these additional vehicles will help us scale."

Alphabet is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells the stock? Learn more now.

This article has been updated to include earnings from Pfizer and Harley-Davidson.

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