Updated from 6:07 a.m. ET on Tuesday, June 20
 
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Here are five things you must know for Tuesday, June 20:
 
1. -- U.S. stock futures posted slight gains on Tuesday, June 20, and European stocks rose after a recovery in the tech sector drove global shares higher.
 
The Dow Jones Industrial Average and S&P 500 reached new all-time closing records on Monday, June 19, a tech stocks rebounded from a selloff last week. 
 
The FAANG stocks -- Facebook Inc. ( FB) , Apple Inc. ( AAPL) , Amazon Inc. ( AMZN) , Netflix Inc. ( NFLX)  and Alphabet Inc. ( GOOGL)  (formerly Google) -- closed higher on Monday. The tech-heavy Nasdaq jumped 1.4% on Monday.
 
Apple, Facebook, and Alphabet are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL, FB or GOOGL? Learn more now.
 
Oil prices in the U.S. early Tuesday turned sharply lower, falling more than 2% to $43.30 a barrel on concerns over ballooning global production and growing domestic supplies.
 
2. -- The economic calendar in the U.S. on Tuesday includes a speech from Boston Federal Reserve Bank President Eric Rosengren on "Bad Zero: Financial Stability in a Low Interest Rate Environment" at the DNB-Riksbank Macroprudential Conference Series in Amsterdam at 8:15 a.m. ET, and a discussion from Dallas Fed President Robert Kaplan on current economic conditions and implications for monetary policy at the Commonwealth Club in San Francisco at 3 p.m.
 
Earlier Tuesday, Fed Vice Chairman Stanley Fischer, speaking at the conference in Amsterdam, said further steps have to be taken to prevent a future housing crisis.
Fischer said that since the 2007-2009 financial crisis in the U.S., "the core of the financial system is much stronger, the worst lending practices have been curtailed, much progress has been made in processes to reduce unnecessary foreclosures."

But to prevent a new crisis, Fischer said that governments should do more, including stress tests for banks on their resilience should house prices decline dramatically, and making it easier to avoid foreclosures, Reuters reported.

"There is more to be done, and much improvement to be preserved and built on, for the world as we know it cannot afford another pair of crises of the magnitude of the Great Recession and the Global Financial Crisis," Fischer said.

Earnings are expected Tuesday from Adobe Systems Inc. (ADBE) , FedEx Corp. (FDX) , La-Z-Boy Inc. (LZB) , Lennar Corp. (LEN) and Red Hat Inc. (RHT) . 

Adobe is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells ADBE? Learn more now.
 
3. -- Tesla Inc. ( TSLA) shares were rising 2.8% in premarket trading on Tuesday on a report the electric-vehicle maker could open a new production facility in China.
 
Bloomberg reported that Tesla could reach a deal with officials in China to build a new plant in the Lingang development zone near Shanghai, but would first need to arrange a joint-venture agreement with a local manufacturer in order to comply with Chinese law. The agreement could come as soon as this week, Bloomberg reported, citing people familiar with the matter.
 
Tesla's revenue in China tripled to more than $1 billion last year. Assembling vehicles locally would allow the company to avoid a 25% tax that renders Model S sedans and Model X sport utility vehicles more expensive than in the U.S., Bloomberg noted.

But opening a production facility in China, which is the world's biggest car market, could ignite a reaction from Donald Trump, who has vowed to slap "substantial" border taxes on companies that move production bases overseas and then import products back to the United States.

More of What's Trending on TheStreet:

4. -- Boeing Co. (BA) raised its annual 20-year industry forecast for plane deliveries by 4%, just as the plane maker pulled in more orders for its new 737 Max 10 jet at the Paris Air Show.

Boeing said Aviation Capital Group placed an order for 20 of the new jets. At list prices, the order is worth $2.5 billion.

The company predicted 41,030 industry deliveries over the next 20 years, topping $6 trillion in value. Boeing forecast 39,620 industry deliveries in its forecast last year.

The projection includes a 5% increase in the 20-year forecast for deliveries of single-aisle aircraft like the Boeing 737 Max 10.

5. -- The U.K.'s Serious Fraud Office said Tuesday it has charged four former executives of Barclays PLC (BCS) , including former CEO John Varley, in a probed linked to the bank's capital raising at the height of the global financial crisis.

The Serious Fraud Office charged the bank and the former executives with conspiracy to commit fraud when they sought investment from Qatar in 2008.

Barclays, Varley, former investment banking chief Roger Jenkins, Thomas Kalaris, who headed the bank's wealth management division, and Roger Boath, head of the European financial institutions group, were all charged with conspiracy to commit fraud by false representation in relation to a first round of investment in June 2008.

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