What to watch today: Wall Street tries to keep its rebound rally going

What to watch today: Wall Street tries to keep its rebound rally going

BY THE NUMBERS Wednesday as Wall Street tried to keep its rebound rally going. However, earlier gains were cut sharply and Nasdaq futures slipped. The jumped 549 points, or 1.6%, on Tuesday after starting the week with a 725 point rout. The and . The delta variant-driven surge in new daily Covid cases in the U.S. and around the world has put investors on edge. (CNBC) As of Tuesday's close, all three stock benchmarks were still over 1% away from last week's record closes. Adding to swings in stocks this week, the bounced off Tuesday's 5½-month lows of nearly 1.13%, . Bitcoin , rebounding after a sell-off in cryptocurrencies. (CNBC) Shares of fell in the premarket after the video-streaming giant late Tuesday with second-quarter earnings of $2.97 per share. Revenue of $7.34 billion basically matched forecasts. Global paid net subscriber additions of 1.54 million beat expectations. Netflix also confirmed a push into gaming. (CNBC) IN THE NEWS TODAY Dow stock (JNJ) rose about 1% in premarket trading after the U.S. drugmaker Wednesday delivered of $2.48 per share in the second quarter. Revenue of $23.31 billion also beat expectations. (CNBC) J&J expects to sell $2.5 billion of its one-shot Covid vaccine