By Joseph Woelfel, The Street–

Here are five things you must know for Tuesday, Sept. 29:

1. — Stock Futures Slip as Virus Deaths Top 1 Million

Stock futures declined modestly Tuesday as the global death toll from the coronavirus pandemic passed 1 million and investors assessed a fresh $2.2 trillion aid proposal from House Democrats.

Wall Street also was looking ahead to the first presidential debate Tuesday evening between U.S. President Donald Trump and Democratic candidate Joe Biden.

Contracts linked to the Dow Jones Industrial Average fell 52 points, S&P 500 futures were down 6 points and Nasdaq futures declined 39 points.

Stocks finished sharply higher Monday as equities came off a four-week losing streak. The Dow gained 410 points, or 1.51%, to close at 27,584, the S&P 500 rose 1.61% and the Nasdaq rose 1.87%.

The scaled back $2.2 trillion coronavirus relief package released by House Democrats Monday evening would restore $600 weekly jobless benefits. The proposal is less than the $3.4 billion bill passed by the House in May, but remains above what Senate Republicans have said they would accept.

A vote on the legislation could come later this week. House Speaker Nancy Pelosi spoke with Treasury Secretary Steven Mnuchin Monday evening and the two agreed to talk again Tuesday. Negotiations over Covid-19 relief have been at a stalemate since early August.

“While investors may be feeling optimistic about a stimulus, I think there are still some significant risks ahead the market today does not seem to be reflecting,” said Ken Moraif, senior financial advisor at Retirement Planners of America. “We have what I believe is complete uncertainty about the impact of the upcoming election, the future path of Covid-19, and worries about rising infections in the winter, which could all stunt economic growth.

“While these issues have all been weighing on the market for weeks now and the market has remained relatively stable, it is difficult to predict if they ever will eventually catch up with the market. Right now, I am not overly optimistic about where the market is headed, but I do remain cautiously bullish,” Moraif added.

2. — Coronavirus – The Latest

The number of confirmed global deaths from Covid-19, the disease caused by the coronavirus, topped 1 million on Monday evening, according to Johns Hopkins University, almost 10 months after the disease first emerged in Wuhan, China.

The U.S. death toll is 205,085, the most in the world and more than 20% of the global total.

Brazil is second on the list, with more than 142,000 deaths, while India is third.