Here's everything you need to know before Tuesday's opening bell:

  1. Albertsons reportedly plans to buy the part of Rite Aid (RAD) that isn't being sold to Walgreens (WBA) .
  2. Tesla (TSLA) CEO Elon Musk's Boring Company received a permit for preliminary Hyperloop excavation in a D.C. parking lot.
  3. Most of the 900 KFC (YUM) outlets in the U.K. and Ireland closed on Monday due to a chicken shortage.
  4. Investors braced for nearly $260 billion in new debt auctions that could push bond yields higher.
  5. U.S. stock futures pointed to sharp losses as Wall Street returns from its long weekend.

For more on the biggest headlines of the day, check out the Morning Jolt!