Here are five things you must know for Tuesday, Nov. 6:

1. -- Stocks Slip as Focus Turns to the Midterm Elections

U.S. stock futures were lower on Tuesday, Nov. 6, as Wall Street focused on the outcome of midterm elections that could either stall or extend the longest equity bull market in history.

Americans head to the polls Tuesday to choose the 435 lawmakers who will sit in the House of Representatives and the 35 Senate seats up for grabs in this year's election cycle. Analysts have suggested that Democrats have an 85% chance of recapturing control of the House, while their Republican rivals have similar odds to hold the upper chamber.

That result, based on historical data, likely would deliver slower stock market gains over the final two years of Donald Trump's first term following a 28% gain for the S&P 500 since his election in November 2016, the best performance since Dwight D. Eisenhower in the mid-1950s.

Contracts tied to the Dow Jones Industrial Average declined 49 points, futures for the S&P 500 fell 5.85 points, and Nasdaq futures were down 20.75 points.

The economic calendar in the U.S. on Tuesday includes the Job Openings and Labor Turnover Survey for September at 10 a.m. ET.

2. -- Eli Lilly, CVS Health and Papa John's Report Earnings

Eli Lilly & Co. (LLY - Get Report) reported third-quarter adjusted earnings of $1.39 a share, 4 cents above Wall Street estimates. Revenue of $6.06 billion topped forecasts of $6.05 billion.

The drugmaker raised its outlook for adjusted profit in 2018 to $5.55 to $5.60 a share, up from its previous forecast of $5.40 to $5.50. The stock fell slightly in premarket trading.

CVS Health Corp. (CVS - Get Report) said third-quarter adjusted earnings were $1.73 a share, higher than expectations of $1.71. Revenue rose 2.4% to $47.3 billion and slightly beat estimates. Same-store sales in the quarter jumped 6.7%.

Earnings are also expected Tuesday from Kratos Defense and Security Solutions Inc. (KTOS - Get Report) , Ralph Lauren Corp. (RL - Get Report) , Wendy's Co. (WEN - Get Report) , Papa John's International Inc. (PZZA - Get Report) and Zillow Group Inc. (ZG - Get Report) .

3. -- Amazon to Split Its Second Headquarters in Two Locations - Report Inc. (AMZN - Get Report) has decided that it will split its second headquarters evenly between two different cities, with 25,000 employees located in each, The Wall Street Journal reported.

The online retailing giant reportedly has been holding advanced talks with New York, Dallas and Crystal City, Virginia. Its current headquarters is in Seattle.

The reasoning behind the move, according to the Journal: Amazon wants to be able to pick talented candidates from both chosen locations, rather than restricting itself to just one job market. Amazon also wants to ease potential issues with housing, transit and other areas where adding tens of thousands of workers could cause problems.

Amazon has said it would decide on its second headquarters location by the end of 2018. The Journal, citing people familiar with the matter, said an announcement could come this week.

4. -- Toyota Boosts Full-Year Profit Forecast

Toyota Motor Co. (TM - Get Report) posted slightly weaker-than-expected fiscal second-quarter profit, but said a weaker yen, accelerated cost cuts and improving markets in China and North America should boost full-year earnings. 

The Japanese automaker said operating profit for the three months ended in September rose 11% to 579.1 billion yen ($5.11 billion) as net global revenue jumped 2.35% to 7.35 billion yen. While second-quarter profit fell modestly shy of expectations, Toyota reduced its dollar/yen exchange rate forecast for the second half of its fiscal year, which ends in March, and lifted its full-year profit outlook by 4.3% to 2.4 billion yen. Toyota kept its unit sale forecast unchanged at 8.9 million.

American depositary receipts of Toyota rose 0.5% in premarket trading on Tuesday.

5. -- Under Armour to Accelerate a 'Meaningful Cultural Transformation' 

Under Armour Inc. (UAA - Get Report) has told employees it will repair the company's culture after a report in The Wall Street Journal revealed that employees had been allowed to charge strip club visits to their corporate cards.

In a letter obtained by CNN Business, CEO Kevin Plank and President Patrik Frisk told employees late Monday that the Journal story was "tough to read."
"This is not the culture we envision for Under Armour," they wrote.
Plank and Frisk said the company will accelerate the ongoing "meaningful cultural transformation" that already is underway at Under Armour. They added, "We can and will do better."
The letter was sent after the Journal reported earlier Monday that Under Armour had told employees in an email in February that it would no longer reimburse certain expenses, including adult entertainment and gambling. Executives and employees, including Plank, attended strip clubs with athletes and co-workers over the years, according to the Journal. Under Armour said Plank didn't conduct business at strip clubs or use company funds at such venues.

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