Pre-open movers
U.S. stock futures traded higher in early pre-market trade as investors digested comments from Federal Reserve Chairman Jerome Powell. Markets closed lower again on Monday, with the Nasdaq Composite dropping around 1% in the previous session.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened?
On this day in 2000, Swedish company OM Group made a $1.2-billion hostile takeover bid for the London Stock Exchange.
Pre-open movers
U.S. stock futures traded lower in early pre-market trade after the Dow Jones tumbled more than 1,000 points in the previous session following speech from Federal Reserve Chairman Jerome Powell at the central bank’s Jackson Hole economic symposium. The US dollar index, meanwhile, jumped to its strongest level in 20 years on Monday.
Novartis today announced that the European Commission (EC) has approved Scemblix® (asciminib) for the treatment of adult patients with Philadelphia chromosome-positive chronic myeloid leukemia in chronic phase (Ph+ CML-CP), previously treated with two or more tyrosine kinase inhibitors (TKIs)1.Novartis today announced that the European Commission (EC) has approved Scemblix® (asciminib) for th