5 things to know before the stock market opens Wednesday

5 things to know before the stock market opens Wednesday

1. Dow looks steady after starting week off 269 points were flat Wednesday, one day after the dropped 269 points, or nearly 0.8%, about the delta variant's impact on the economic reopening. The fell for the second straight session from Thursday's record close. The eked out a gain for another record finish. After the bell, original meme stock GameStop is set to release quarterly results. The , which moves inversely to price, on Wednesday, ahead of the government's release of its latest JOLTS, Job Openings and Labor Turnover Survey, at 10 a.m. ET. The Federal Reserve is out with its Beige Book survey of economic activity across its 12 districts at 2 p.m. ET. was under pressure again early Wednesday. It on Tuesday, just one day after topping $52,000 and reaching its highest level since May. The volatility in recent days came ahead of and following El Salvador on Tuesday becoming the first country to adopt bitcoin as legal tender. 2. Coinbase shares fall after company reveals SEC plans to sue has received notice of a possible enforcement action from the Securities and Exchange Commission related to its interest-earning product, which the company had planned to launch in the coming