5 Things to Know Before the Stock Market Opens Wednesday

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By Tarikul in Business
Updated 3 years ago

Here are the most important news, trends and analysis that investors need to start their trading day:. 1. Dow set to bounce after breaking three-day winning streak. U.S. stock futures rose Wednesday after the Dow broke a three-day winning streak. The 30-stock average on Tuesday closed down 81 points, or 0.2%, as the market struggled for direction ahead of the long Memorial Day weekend. It was up more than 100 points at session highs. The S&P 500 and Nasdaq, both higher intraday, also ended modestly lower. The Dow and S&P 500, as of Tuesday, were more than 1% away from their May 7 record closes. The Nasdaq was 3.4% away from its April 26 closing record high. The 10-year Treasury yield ticked higher Wednesday, though it remained below 1.6%. as Federal Reserve officials calm inflation fears.

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