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Morning Briefing: FAA ends probe of Virgin Galactic flight

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Moomoo Breakfast US wrote a column · Oct 1, 2021 05:17
Morning Briefing: FAA ends probe of Virgin Galactic flight
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:

- Stock futures pointed to losses for the market to start October after the S&P 500 notched its worst month since March 2020.

- The pharmaceutical giant enhances its rare-disease business with a bet on treatments for respiratory and blood diseases.
Market Snapshot
Stock futures pointed to losses for the market to start October after the $S&P 500 Index(.SPX.US)$notched its worst month since March 2020.
Futures on the $Dow Jones Industrial Average(.DJI.US)$dropped 225 points, or 0.7% on Friday. $S&P 500 Index(.SPX.US)$futures lost 0.6% and $NASDAQ 100 Index(.NDX.US)$futures shed 0.5%. Earlier in the overnight session, Dow futures had plunged around 300 points.
Source: Bloomberg
Source: Bloomberg
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Merck to buy Acceleron Pharma for $11.5 billion
$Merck & Co(MRK.US)$ $Acceleron Pharma Inc(XLRN.US)$The pharmaceutical giant enhances its rare-disease business with a bet on treatments for respiratory and blood diseases.
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FAA ends probe of Virgin Galactic flight
The aviation regulator said the company didn't properly communicate during a July mission that carried founder Richard Branson to space. $Virgin Galactic(SPCE.US)$
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Morning Briefing: FAA ends probe of Virgin Galactic flight
Morning Briefing: FAA ends probe of Virgin Galactic flight
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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