Stocks showed a strong move back to the upside in early trading on Monday following Friday's sell-off but gave back ground over the course of the sessions. The major averages pulled back well off their highs of the session, with the Dow dipping into negative territory.
Stocks have moved mostly higher during trading on Monday, regaining ground following the sell-off seen last Friday. The major averages have all moved back to the upside, with the tech-heavy Nasdaq leading the rebound. Currently, the Nasdaq and S&P 500 are just off their highs of the session, while the narrower Dow is posting a more modest gain.
Raytheon, an RTX Corp. (RTX) business, announced Monday it is investing $100 million to expand its Portsmouth, Rhode Island-based facility, which has been operating for more than 60 years. The facility supports undersea technology, combat systems and radars. The expansion will accelerate Lower Tier...
Apartment REITs, Equity Residential (EQR) and AvalonBay Communities, Inc. (AVB) on Monday announced that they have named the executive team that will lead their $69 billion merger of equals, with AvalonBay CEO Benjamin Schall to serve as president and CEO of the combined firm. The all-stock deal,...
Monday, Tango Therapeutics, Inc. (TNGX) announced positive initial data from its ongoing Phase 1/2 study of vopimetostat in combination with Revolution Medicines' RAS(ON) inhibitors daraxonrasib or zoldonrasib. During the study, patients with MTAP-deleted and RAS-mutant metastatic pancreatic ductal...
kneat.com, inc. (KSI.TO, KSIOF), a digital validation and quality process automation company, Monday announced its definitive arrangement agreement to be acquired by Thoma Bravo, L.P., a privately held software-focused investment firm. Under the deal terms, holders of Kneat shares other than any Rollover...
Following the sell-off seen during last Friday's session, stocks may move back to the upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.8 percent. Bargain hunting may contribute to initial strength on...
AstroNova, Inc. (ALOT), a print technology solutions provider, on Monday reported a return to profitability in the first quarter as revenue rose. In pre-market activity on the Nasdaq, shares of AstroNova were up 7.52 percent, changing hands at $15.58, after closing Friday's regular session 4.86 percent...
Monday, Standard BioTools Inc. (LAB) announced an agreement with Treeline Biosciences, Inc., a clinical-stage biopharma company, to combine in an all-stock transaction. The transaction values Standard BioTools at net cash delivered at closing, plus $10 million, which is estimated to be $460 million....
Johnson & Johnson (JNJ) on Monday announced a definitive agreement to acquire Firefly Bio, Inc., a biotechnology company for $1 billion in cash. The transaction is expected to close later this year. The acquisition is expected to expand Johnson & Johnson's oncology pipeline with Firefly Bio's...
A collaboration of scientists from NASA and Brazilian research institutions has produced a detailed picture of groundwater change across Brazil. The images reveal significant declines in some of the aquifers that are critical to one of the world's largest agricultural producers. In the study, published...
Monday, Ciena Corporation (CIEN) announced its plan to offer $2.0 billion aggregate principal amount of convertible senior notes due 2031 in a private offering. Additionally, the company intends to grant the initial purchasers an option to buy up to an additional $300.0 million aggregate principal...
While reporting financial results for the third quarter on Monday, Campbell's Co. (CPB) reaffirmed its adjusted earnings and organic net sales guidance for the full-year 2026. For fiscal 2026, the company continues to project adjusted earnings in the range of $2.15 to $2.25 per share on organic net...
Ukraine President Volodymyr Zelensky and the leaders of three European major powers have called on Russian President Putin to agree to an immediate and complete ceasefire. UK Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz met with President Zelensky in London to reiterate their unwavering support for Ukraine in its defense against Russia's inva
EHang Holdings Ltd. (EH), a Chinese aerospace and technology company, on Monday announced that its board of directors approved a share repurchase program. The program authorizes the company to repurchase up to $30 million of its American Depositary Shares or ordinary shares over the next 12 months. The...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.