5 things to know before the stock market opens Wednesday, August 28 [Video]

Here are five key things investors need to know to start the trading day:

1. Tick, tick, tick

All three major averages closed slightly higher on Tuesday. The S&P 500 and the Nasdaq Composite both gained 0.16%, with the broad market index finishing at 5,625.80 and the tech-heavy Nasdaq ending at 17,754.82. The Dow Jones Industrial Average also moved higher, rising 0.02% to close out the session at 41,250.50. That marks the blue-chip index’s second record close in a row. Follow live market updates.

2. World’s ‘most important stock’

3. Private equity in play

It’s a touchdown for private equity members. On Tuesday, owners of the National Football League voted in favorof letting select private equity firms buy up to a 10% stake of a team, and each fund or consortium will be able to do deals with up to six teams. Of the 32 franchise owners, 31 approved the measure, with Cincinnati Bengals owner Mike …