Below are the most important news, trends and analyzes that investors need to start their trading day:
1. Dow futures fell after the 30-share average fell 292 points
The Wall Street poster is seen outside the New York Stock Exchange (NYSE) in New York on February 16, 2021.
Brendan McDermid | Reuters
US stock futures were flat on Wednesday, a day after the Dow Jones Industrial Average gave up closing gains and closed at 292 points, or 0.8%, the sixth day low in the last seven sessions. Tuesday’s S&P 500 also recorded its sixth drop in the last seven sessions, as it continued hard September on Wall Street. Both benchmarks were on track since their biggest monthly declines since October. The Nasdaq fell on Tuesday for the fifth straight session. Microsoft was a bright spot in the premarket on Wednesday. Shares of Dow and the big name Nasdaq rose more than 1% after announcing an 11% dividend rise and a $ 60 billion share buyback program. Microsoft also named the company’s president, Brad Smith, as vice president.
2. Deposit of casino stocks, as Macau considers stricter regulations
The Wynn Resorts logo is lit up as people sit next to the fountain at the Wynn Macau Casino Complex in Macau, China on Tuesday, July 24, 2018.
Pual Yeung | Bloomberg | Getty Images
Wynn Resorts and Las Vegas Sands fell in the premarket trade, after falling about 10% on Tuesday, as Macau began a 45-day period to consider stricter regulations on the gaming industry. These US casino stocks operate in the special administrative region of China. Macau officials said they want “sustained and healthy development” at the world’s largest gambling center. However, investors are worried about possible changes. Shares in Hong Kong of Wynn Macau and Sands China were down about 30% overnight.
3. Democratic Gov. Gavin Newsom survives the California withdrawal election
Gavin Newsom, governor of California, speaks during a campaign event at Long Beach City College in Long Beach, California, USA, on Monday, September 13, 2021.
Bing Guan | Bloomberg | Getty Images
California Democratic Gov. Gavin Newsom survived a Republican attempt to remove him from office, according to an NBC News projection. The government withdrawal vote was the second in California history to qualify for the vote. Newsom, who was chosen by a wide margin for a four-year term ending in 2023, spent months defending the Republican-led effort, which gained momentum last year over allegations that the Republican Party Newsom’s administration mismanaged the state’s response to the Covid pandemic.
4. Biden will meet with U.S. employers on Covid vaccines
President Joe Biden made statements during a press conference on the grounds of the National Renewable Energy Laboratory (NREL) on September 14, 2021 in Arvada, Colorado.
Helen H. Richardson | Denver Post | Getty Images
President Joe Biden is scheduled to meet Wednesday with top U.S. businessmen at the White House to discuss the federal mandate for the vaccine. The meeting comes when the Biden administration is drafting rules to require large employers to have their workers vaccinated or tested weekly. In guidance to federal agencies earlier this week, the White House said federal employees must be “fully vaccinated” by Nov. 22 at the latest.
5. SpaceX made history with the first all-civilian crew
SpaceX CEO Elon Musk and Shift4 Payments CEO Jared Isaacman are teaming up at SpaceX headquarters in Hawthorne, California, to announce the Inspiration4 civilian space mission.
Source: SpaceX
Four amateur space travelers, led by e-commerce billionaire Jared Isaacman, were destined for the launch Wednesday night abroad of a SpaceX rocket. They would become the first fully civilian crew launched into Earth orbit. Isaacman, 38, a benefactor of the trip, has paid an undisclosed sum to fellow billionaire and SpaceX owner Elon Musk. Time magazine estimated the price of tickets for the four seats at $ 200 million. Earlier this summer, Richard Branson of Virgin Galactic and Jeff Bezos of Blue Origin entered the space. Musk has not yet entered the space.
– Reuters contributed to this report. Follow all the actions of the market as a professional CNBC Pro. Get the news about the pandemic with CNBC coronavirus coverage.