Stock Market News·2025-10-26 17:09Group 1: Boeing Strike - Boeing factory workers in St. Louis have rejected a new five-year contract proposal, extending a strike that has lasted three months and affected military manufacturing operations [2][3] - The rejected offer included an average wage increase of 24% over the contract's duration, which the union deemed insufficient compared to a previous agreement that provided a 38% wage increase over four years [3][7] - Boeing expressed disappointment with the rejection, stating that its offer included a 40% average wage growth and indicated no further talks are currently scheduled [3][7] Group 2: US-China Trade Deal - The United States and China have reached a preliminary framework for a trade agreement, which may lead to a de-escalation of their ongoing trade dispute [4][5] - China is expected to delay expanded export controls on rare earth minerals and magnets for a year, while also resuming significant U.S. soybean purchases [4][5] - This agreement aims to prevent new 100% U.S. tariffs on Chinese goods that were threatened to begin on November 1 [5] Group 3: Novartis Acquisition - Novartis AG is reportedly on the verge of acquiring Avidity Biosciences Inc for over $10 billion, highlighting ongoing significant M&A activity in the biotechnology sector [6][8] - Avidity Biosciences focuses on developing RNA therapeutics targeting rare muscle diseases, which aligns with Novartis's strategy to bolster its portfolio in novel therapies [7][8] Group 4: Japan's New Prime Minister - Sanae Takaichi has become Japan's first female Prime Minister, achieving a 71% approval rating in a recent survey, marking a significant political milestone [9][10] - Her election has positively impacted financial markets, with the Nikkei 225 index surging on expectations of her commitment to market-friendly policies [10]