Wake Up Wall Street: Global Markets Continue to Rally

Here are five things you must know for Tuesday, April 2.

Author:: Edward Hardy
Publish date:: Apr 25, 2017 6:27 AM EDT

This is what you need to know before the bell:

1. U.S. stock futures were rising Tuesday and European shares were mostly higher as global markets continued to rally in the wake of Emmanuel Macron's victory in the first round of Sunday's presidential elections in France and improving corporate earnings.

2. The Trump administration on Monday imposed a 20% tariff on softwood lumber entering the United States from Canada, souring a generally friendly trading relationship between the two countries.

3. Wells Fargo's (WFC) - Get Report annual shareholders meeting is scheduled for Tuesday and the future of the banking giant's board remains uncertain as some members face re-election, sources told The Wall Street Journal.

4. T-Mobile USA (TMUS) - Get Report gained 1.1 million net subscribers and 798,000 postpaid phone subscribers, down from 2.1 million subscribers and the 933,000 postpaid phone subscribers that were added in the fourth quarter.

5. Earnings are expected Tuesday from Chipotle (CMG) - Get Report , Coca-Cola (KO) - Get Report , JetBlue (JBLU) - Get Report , Panera Bread (PNRA) , Supervalu (SVU) , 3M (MMM) - Get Report , AK Steel (AKS) - Get Report , Baker Hughes (BHI) , Caterpillar (CAT) - Get Report , DuPont (DD) - Get Report , United States Steel (X) - Get Report and Lockheed Martin (LMT) - Get Report