Stocks

U.S. Health and Human Services Secretary Alex Azar said the policy will stoke competition among pharmaceutical companies and empower consumers.

Net earnings attributable to common shareholders rose to $2.45 billion.

Net income attributable to Morgan Stanley rose to $2.11 billion, or $1.17 per share, in the third quarter ended Sept. 30, from $1.78 billion, or 93 cents per share, a year ago.

The health care conglomerate's net earnings rose to $3.93 billion.

Net income attributable to the world's biggest asset manager rose to $1.22 billion in the third quarter.

UnitedHealth reported an adjusted profit of $3.41 per share.

Stocks rebounded

Saudi Arabia has denied allegations that it had a role in the Washing Post columnist's disappearance.

After a wobbly day of trading, U.S. stocks fell for the seventh time in eight days Monday as technology companies continued to slide.

U.S. stocks are mixed Monday as technology companies continue to slump and the Commerce Department said retail sales remained sluggish in September.

The latest on developments in financial markets (all times local): 9:35 a.m.

Only 2 percent of the appliance maker’s global sales are tied to Sears.

Asian stocks slipped Monday, as investor worries continued about global trade tensions and prospects for economic growth.

Net income applicable to common shareholders rose to $6.7 billion, or 66 cents per share, in the third quarter ended Sept. 30 from $4.96 billion, or 46 cents per share, a year earlier.

Bank of America earnings and monthly retail sales headline the day's events.

Sears had a debt payment of $134 million due on Monday.

Asian stocks slipped Monday, as investor worries continued about global trade tensions and prospects for economic growth.

The plan would give Sears a chance to escape liquidation ahead of the key holiday shopping season.

The Saudi stock market has dropped more than 6.8 percent after President Donald Trump threatened "severe punishment" over the disappearance of Washington Post columnist Jamal Khashoggi.

The Latest on the disappearance of a Saudi writer who Turkish officials fear was killed inside the Saudi Consulate in Istanbul (all times local): 3:15 p.m. Saudi Arabia says it rejects any "threats" of economic sanctions or political pressure after President Donald Trump's comments on the disappearance of Jamal Khashoggi.