Welcome to Seeking Alpha's Wall Street Breakfast, your daily source of market news and analysis.

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Good morning. Today is Wednesday, June 22nd, and I'm your host Julie Morgan.

Our top stories, The Metaverse, Jerome Powell, and the Gas Tax, and later Twitter and Toyota.

But first, stocks posted solid gains on Tuesday bouncing back after the substantial losses

they recorded last week.

But ahead of the opening bell, Dow S&P and NASDAQ futures are down. The Dow down 1.2%,

the S&P down 1.3% and the NASDAQ down 1.4%. We'll take another look at futures as well as the world markets and crude oil in a few minutes.

In the earnings spotlight today, Winnebago, K B Home andhome and H-B-Fuller.

In our day watch, Valneva jumped more than 90% after Pfizer took a sizable stake in the French

vaccine maker.

The move signaled an expansion of the company's collaboration on a vaccine against Lyme disease.

VALN jumped $12.77 to close at $26.48. The rally reverse losses seen earlier in the month with the stock coming

off a 52 week low of $13.71 cents set last week. In news that the company has decided to scrap a contemplated plan to divest its consumer business

prompted selling in the ODP Corporation.

shares of the owner of the Office Depot and Office Max Brands fell 14% dropping to a new

52 week low. O.D.P. revealed that its Board of Directors has unanimously determined

to keep the consumer business at this time.

O.D.P. retreated $4.75 to close at $30.25.

During the session, shares reached an intra-day 52 52 week low of $29.51.

Now our top stories.

The Justice Department has settled with meta platforms in a landmark lawsuit over discriminatory advertising for housing.

...