5 Things to Know Before the Stock Market Opens [Video]

Gold (GOLD) prices are edging higher after hitting a record Tuesday; shares of Dutch semiconductor company ASML Holding (ASML) and other chip firms are sinking in premarket trading as the Biden administration reportedly considers imposing stricter trade restrictions on foreign chip firms’ China businesses; Elon Musk says that he is moving the headquarters of social media platform X and SpaceX to Texas from California; Johnson & Johnson (JNJ) is edging lower after reporting a profit miss; and shares of Five Below (FIVE) are plunging after the struggling discount retailer says Chief Executive Officer (CEO) Joel Anderson had quit and second-quarter sales would drop. U.S. stock futures are falling after the Dow Jones Industrial Average and S&P 500 both finished at record highs Tuesday. Here’s what investors need to know today.

Gold (GOLD) prices are edging higher in early trading Wednesday after hitting a new …