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

  1. Albertsons reportedly plans to buy the part of Rite Aid (RAD - Get Report) that isn't being sold to Walgreens (WBA - Get Report) .
  2. Tesla (TSLA - Get Report) 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 - Get Report) 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!

N/A