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5 things to know before the stock market opens Thursday, September 9th

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

1. Dow opened lower after closing three consecutive sessions

Traders work at the New York Stock Exchange in New York, United States, on August 19, 2021.

Wang Ying | Xinhua News Agency | Getty Images

The U.S. futures was under pressure Thursday after the Dow Jones Industrial Average and S&P 500 closed lower for the third consecutive session. Investors will receive another report on the labor market ahead of the bell that could go into the Federal Reserve’s thinking about when to start tightening Covid-era bond purchases. Rising inflation and the delta variant are also wild. The Nasdaq, which had been in a close record series, broke a four-session winning streak Wednesday when technology stocks changed.

Chinese stocks trading in the U.S. were lower in premarket trading after Chinese regulators called NetEase and others for an interview to remind them of video game restrictions on children.

The U.S. government will report before the opening Thursday, at 8:30 a.m. ET, its weekly review on jobless claims. Economists are looking for 335,000 first filing of unemployment benefits for the week ending Sept. 4. It would be a minimal pandemic until the week ending March 14, 2020 when new claims totaled 256,000. It was just before Covid caused historic business closures and job losses, leading to a rush for unemployment benefits.

The European Central Bank kept interest rates unchanged Thursday, but chose to slow the pace of net asset purchases in its pandemic emergency purchase program.

2. GameStop sinks for lack of driving; Lululemon rises on a strong perspective

A person wearing a protective mask walks out of a GameStop Corp store. at a mall in San Diego, California, on Thursday, April 22, 2021.

Bing Guan | Bloomberg | Getty Images

On Monday, March 29, 2021, pedestrians wearing protective masks passed in front of a Lululemon store in San Francisco, California.

David Paul Morris | Bloomberg | Getty Images

Lululemon’s shares rose just about 14% in the pre-market after the sportswear and leisurewear manufacturer late Wednesday reported second-quarter profit and revenue that exceeded analysts ’expectations. The company has benefited from consumers buying their clothes for their home wardrobes. But now, many people are also looking for tight pants and other comfort pieces for their return to the office. Lululemon offered a better-than-expected outlook for the third quarter and fiscal 2021.

3. Personnel united with religious exemptions to Covid shot must take a leave without pay

A traveler wearing a protective mask is expected to board a United Airlines flight at San Francisco International Airport on October 15, 2020.

David Paul Morris | Bloomberg | Getty Images

4. Biden to reveal desire to strengthen Covid vaccinations, fight against delta variant

U.S. President Joe Biden speaks in the East Room of the White House in Washington, DC, United States, Wednesday, September 8, 2021.

Samuel Corum | Bloomberg | Getty Images

President Joe Biden Thursday is set to explain a six-point federal effort to increase Covid vaccinations and curb the growing delta variant, which kills thousands in the United States each week and jeopardizes the nation’s economic recovery. Biden is expected to push for vaccination mandates for workforces and schools. He will talk about new ways to increase testing and improve mask requirements. The president will emphasize steps to help the economy as well as moves to improve treatment for those with Covid.

5. Ukraine will become the last country to legalize bitcoin while it comes worldwide


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