5 things to know before the stock market opens Thursday, August 8 [Video]

Here are the most important news items that investors need to start their trading day:

1. Down again

Stocks closed in the red on Wednesday, failing to recover from Monday’s sell-off fully. The Dow Jones Industrial Average dropped 0.60% to close at 38,763.45, while the S&P 500 moved 0.77% lower to close the session at 5,199.50. The Nasdaq Composite saw the largest percentage drop out of all the major indexes at 1.05%, finishing the session at 16,195.81. This comes after Tuesday’s session served as a bright spot for the markets, with the S&P and the Nasdaq moving 1% higher and the Dow adding almost 300 points. Follow live market updates.

2. Miss after miss

3. Joining in

Customers aren’t the only ones pushing for lower prices. In the leadup to November’s election, politicians are now pledging to fight inflation, though they’re blaming it on different things. Vice President Kamala Harris, for instance, has said she’d tackle companies’ “price gouging,” while former President Donald …