Stealth Granted Pre-NDA Meeting For Elamipretide To Treat Barth Syndrome

Stealth BioTherapeutics To Be Taken Private In All-cash Deal

Biotechnology company Stealth BioTherapeutics Corp (MITO) announced Monday that it has entered into a definitive Agreement and Plan of Merger with Stealth Parent Limited,, and Stealth Merger Sub Limited, a wholly-owned subsidiary of Parent, to be acquired by a consortium of investors led by Morningside Venture (I) Investments Ltd. and J. Wood Capital Advisors LLC in an all-cash transaction.

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European Shares Inch Higher In Cautious Trade

European stocks edged higher on Friday and were on track for their strongest week since May, driven by investor optimism over artificial intelligence and Fed rate cut hopes.

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Asian Shares Mixed; Hong Kong Stocks Slip On Profit Booking

Asian stocks ended mixed in cautious trade on Friday as concerns about a U.S. government shutdown and potential federal job cuts offset excitement around AI as well as expectations of further interest-rate cuts by the U.S. Federal Reserve.

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European Shares Seen Higher At Open

European stocks are likely to open higher on Friday, with renewed optimism around artificial intelligence and Fed rate cut hopes likely to underpin investor sentiment, heading into the weekend.

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European Economic News Preview: Eurozone Final Composite PMI Due

Final composite purchasing managers' survey results from the euro area and the UK are due on Friday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office INSEE publishes industrial production data for August. Output is forecast to rebound 0.3 percent on a monthly basis, following a 1.1 percent drop in July.

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Sensex, Nifty Marginally Lower In Early Trade

Indian shares were slightly lower on Friday, after having risen sharply in the previous session on dovish RBI pause.

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Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves on Friday, but extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,950 level, with gains in financial and technology stocks partially offset by weakness in mining stocks.

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Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, with mainland China and South Korean markets closed for holidays. Optimism about the outlook for interest rates and weakening US dollar against major currencies in the region are aiding market sentiment. Asian markets ended mostly higher on Thursday.

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EURUSD	1.17354	GBPUSD	1.34501	AUDUSD	0.66051
USDJPY	147.399	USDCAD	1.39652	USDCHF	0.79701