Boeing Grounds 737 Max Jets; Mergers and Acquisitions in Medical Sector; Musk Denies Twitter Drug Use Report; Markets Cautious Ahead of Bank Earnings
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Boeing 737 Max planes grounded after window panel blew out; FAA halted flights of 171 of those jets, impacting Alaska Air, United Airlines, and Boeing stock.
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Boston Scientific to acquire Axonics for $3.7 billion; Merck buying cancer drugmaker Harpoon Therapeutics for $680 million.
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Tesla CEO Elon Musk criticized Wall Street Journal report on alleged illegal drug use at Twitter.
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U.S. stock futures lower, oil skids, gold falls $16/ounce, 10-year Treasury yield holds above 4% ahead of busy week of economic data.
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Earnings season kicks off Friday with money-center banks including JPMorgan, Bank of America and Citigroup reporting Q4 results.