5 things to know before the stock market opens Wednesday

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Here are the most important news items that investors need to start their trading day. WeWork's stock fell 26% in extended trading Tuesday after the news was released, bringing its market cap below $500 million.

in 2021 after its financials were criticized in its first IPO attempt in 2019. It was hurt by the surge in remote work that came with the Covid pandemic, as well as the subsequent economic slump. WeWork's stock fell 26% in extended trading Tuesday after the news was released, bringing its market cap below $500 million.A view of a damaged building after a hit by a Russian missile in Pokrovsk, Donetsk Oblast, Ukraine on August 8, 2023.

Denise Brown, the United Nations' humanitarian coordinator for Ukraine, denounced an attack on Ukraine's Pokrovsk, in eastern Donetsk. She said missiles struck the same location twice, meaning front-line workers were hit. Ukrainian President Volodymyr Zelenskyy said nine people died in that attack and 82 were injured. Meanwhile, Moscow said it shot down two drones that were approaching the city overnight.

 

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