Business

5 things to know before the stock market opens on Wednesday, March 23

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Stock futures fall the day after Wall Street rebounded.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, March 21, 2022.

Brendan McDermid | Reuters

2. The Moderna vaccine for children under 6 years of age is effective against omicrons up to 44%.

3. One of the black boxes found in the crash of a Boeing plane in China.

A picture taken by a mobile phone shows the wreckage of a crashed passenger plane found at the crash site in Tengxian County, south China’s Guangxi Zhuang Autonomous Region, March 22, 2022.

Zhou Hua | Xinhua News Agency | Getty Images

4. DOT discloses infrastructure grants; Executives ready to testify about chip shortage

Department of Transportation Secretary Pete Buttigieg comments on new transportation initiatives at an event with U.S. Vice President Kamala Harris in the Southern Courtroom at the Eisenhower Executive Office Building on March 7, 2022 in Washington, DC.

Anna Moneymaker | Getty Images

A sign at the entrance to Intel’s headquarters in Santa Clara, California, USA on Tuesday, October 19, 2021

David Paul Morris | Bloomberg | Getty Images

US semiconductor giants Intel and Micron are due to testify before the Senate Commerce Committee on Wednesday to make the case for $52 billion in US chip manufacturing subsidies. The constant shortage of chips in the industry has disrupted production in the automotive and electronics industries.

5. GameStop Grows as Company Chairman Buys More Shares

GameStop location in New York, December 23, 2021

Scott Mlyn | CNBC


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