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.

Six people are presumed dead after a major Baltimore bridge collapsed after being hit by a large container ship.

Shares of H&M soared 14% after the Swedish retailer significantly beat profit expectations in its fiscal first quarter.Dow Jones Industrial Average dipped just 0.08%. The major averages are still on pace to increase for a fifth straight month. The S&P 500 is up about 2% in March while the Nasdaq and Dow have climbed 1.4% and 0.7% respectively this month. FollowThe Key Bridge was hit by a ship and collapsedon March 26, 2024.Tuesday after it was hit by a large container ship. Contractors were working to fix potholes on the Francis Scott Key Bridge as the vessel struck it in the early morning.

of prescription medications in New York City and the greater Los Angeles area. The service will be offered via the e-commerce giant's online pharmacy service launched. The company started same-day prescription medication delivery in several locations last year and aims to expand to more than a dozen cities by the end of 2024. Amazon said it is using smaller facilities stocked with the most common medications to speed up deliveries.

 

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