5 things to know before the stock market opens on Wednesday

5 things to know before the stock market opens on Wednesday

1. Stock futures rally as Wall Street tries to rebound from first loss in eight sessionsU.S. stock futures rose sharply on Wednesday as traders tried to recover from a tech-led pullback in the previous session. Dow Jones Industrial Average futures were up 261 points, or nearly 1%. S&P 500 futures climbed 0.7% and Nasdaq 100 futures gained 0.9%. The S&P 500 snapped a seven-day winning streak in the previous session as tech shares such as Microsoft, Facebook and Apple all struggled. Those declines came as the S&P 500 tried to reach its Feb. 19 record.Spencer Platt | Getty Images2. U.S. reaches deal with Moderna to buy 100 million doses of coronavirus vaccine, Trump saysPresident Donald Trump said late Tuesday that the U.S. will buy 100 million doses of Moderna's experimental