5 things to know before the stock market opens on Wednesday May 25

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

1. Nasdaq futures slip, a day after the tech-heavy index fell more than 2%

Traders on the floor of the NYSE, May 23, 2022.

Source: NYSE

2. Investors seek safety in bonds ahead of May Fed meeting minutes

Federal Reserve Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee on May 04, 2022 in Washington, DC. Powell announced that the Federal Reserve was raising interest rates by half a percentage point to combat record inflation.

Win Mcnamee | Getty Images

3. Persistently high mortgage rates continue to reduce demand for home loans

A sign of a house for sale is pictured in Alhambra, California on May 4, 2022.

Frederic J. Brown | AFP | Getty Images

4. Dick’s plunges, Nordstrom rises after wildly different quarters, outlook

Cars are parked outside a Dick’s Sporting Goods store in Monroe Marketplace, Pennsylvania.

Paul Tisserand | SOPA Pictures | light flare | Getty Images

A customer leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois.

Scott Olson | Getty Images

Unlike inflation-related issues at other retailers, Nordstrom gained nearly 6% in premarket trading, though down overnight. The upscale department store chain after the closing bell on Tuesday raised its forecast for annual sales and profit. While posting a slightly larger-than-expected loss for its fiscal first quarter, Nordstrom saw sales rise 18.7% and surpass pre-pandemic levels as shoppers sought to refresh their closets with brands and designer shoes.

5. Wendy’s biggest shareholder is pushing a deal for the fast food chain

The logo of a Wendy’s restaurant is seen in Plano, Texas on July 2, 2020.

Dan Tian | Xinhua via Getty Images

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