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The US decision comes despite the recent depreciation of the yuan and the intensification of the trade war between the two largest economies in the world.
President Donald Trump has promised to designate a Chinese currency manipulator during the 2016 campaign.
In the last six months, the yuan has fallen more than 9% against the dollar. And there are signs that the currency could still fall to 7 yuan for a dollar – a level not seen since the 2008 financial crisis.
Endocyte develops targeted radiotherapy targeted at prostate cancer. Novartis shares rose 1.5% after the announcement.
Novartis announced last month the removal of approximately 2,000 jobs over the next four years, thus saving about $ 1 billion.
3. Deadlock on Brexit: Europe is stepping up preparations for a Brexit after another meeting between the European Union and the United Kingdom has ended in deadlock.
European leaders on Wednesday abandoned the planning of a special summit in November to conclude an agreement on Brexit due to lack of progress in the negotiations.
British Prime Minister Theresa May has presented "nothing new" in a presentation to European leaders at a critical meeting on Wednesday, announced the President of the European Parliament.
US oil futures dropped 0.3 percent to 69.55 dollars a barrel on Thursday morning, after plunging 3 percent Wednesday after a report by the Energy Information Administration showed an increase in stocks. crude in the United States.
Thursday – Benefits of American Express (AXP), Blackstone (BX), Bank of New York (BK), E * TRADE (ETFC) and PayPal (PYPL)
Friday – Profit from Procter & Gamble (PG), VF Corp (VFC) and State Street (STT)