Boeing, Novo Nordisk, Tyson Foods, Home Depot, Walmart, and More Market Movers

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A report says China is considering lifting a commercial freeze on Boeing's 737 MAX, and data show Novo Nordisk's weight-loss drug Wegovy reduces heart attack...

Stock futures pointed lower Monday as Wall Street looks ahead to a week filled with U.S. inflation readings and the possibility of another government shutdown.Boeing was up 3.1% after a report from Bloomberg said the Chinese government was considering lifting a commercial freeze for the plane maker’s 737 MAX jet later this week when President Joe Biden and China’s President Xi Jinping meet during the APEC Summit in San Francisco.

U.S.-listed shares of Novo Nordisk were rising 0.7% after data from a large international clinical trial showed the company’s weight-loss drug, Wegovy, helped people without diabetes reduce their risk of suffering heart attacks, strokes and cardiovascular deaths by 20%. Shares of StoneCo were up 6.3% after the Brazilian financial services company reported third-quarter earnings that more than doubled and revenue that topped estimates.Reports are expected later in the week from Walmart , Home Depot , Target , Cisco Systems , Palo Alto Networks , TJX Cos. , Alibaba , JD.com , Advance Auto Parts , and Applied Materials .

 

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