Investors await a highly anticipated speech from Federal Reserve Chairman Jerome Powell; Hurricane Laura makes landfall in Louisiana as Category 4 storm; TikTok CEO resigns.
Stocks fall as Wall Street assesses mixed economic data from the U.S. and China and weighed some key earnings reports.
The FDA is investigating preliminary data that found Abbott’s rapid test could miss covid-19 cases.
Abbott Laboratories is on pace to ship 4 million virus-antibody tests in April. The test is designed to show whether someone had been infected with COVID-19.
Abbott Labs marches toward new highs as it tackles coronavirus testing, and the earnings report is on deck. Here’s a look at the charts for the stock.
Abbott Laboratories is launching a test that determines whether a person has had the coronavirus.