U.S. stock futures were higher this morning after a 572-point drop for the Dow Jones industrial average on Friday. There's little doubt volatility is alive and well on Wall Street, with sizable daily swings in the major averages over the past few weeks.
The Dow, S&P 500, and Nasdaq have posted weekly losses in three of the past four weeks, and only the Nasdaq remains positive for 2018. The Dow, which closed Friday in correction territory, has posted triple-digit moves, either up or down, in 10 of the past 11 trading sessions. (CNBC)
* Cramer's game plan: Be on your toes and carry a lot of cash in a whipsaw market (CNBC)
Facebook (FB) suspended data analytics firm CubeYou from its platform after CNBC notified it that the firm was collecting information about users through quizzes. The scenario is eerily similar to how Cambridge Analytica received unauthorized access to data from users.
Despite the news Facebook's stock was 1 percent higher in premarket. CEO Mark Zuckerberg will meet with some U.S. lawmakers today, ahead of scheduled Congressional appearances tomorrow and Wednesday, according to a Reuters report.
* GOP senator: Facebook scandals may be 'too big' for company to fix alone (Reuters)
Clinical-stage gene therapy firm AveXis (AVXS) has agreed to be bought by Swiss drug giant Novartis (NVS) for $8.7 billion or $218 per share in cash compared to the Friday closing price for AveXis of $115.91. AveXis shares were up more than 80 percent in the premarket. (CNBC)
China's Foreign Ministry today blamed the United States for trade friction and said that it was impossible for negotiations to take place under current conditions. Markets have been volatile in recent weeks over fears of a U.S.-China trade war. (Reuters)
* BlackBerry CEO predicts China will protect intellectual property as it develops more of its own (CNBC)
A Trump administration official told NBC News that North Korean leader Kim Jong Un has said he's willing to discuss the denuclearization of the Korean Peninsula. The news came after a meeting between Kim and Chinese leader Xi Jinping.
At least 42 people are dead and 500 are injured after a suspected weekend chemical attack in Syria, the eighth attack since President Donald Trump took office. The president and other world leaders condemned the incident and said they would respond. (USA Today)
* Trump slams Putin for backing Syria (CNBC)
* Russia blames Israel for Syria air base attack after Pentagon denial (USA Today)
* Bolton starts today, with a Syria crisis on the agenda
White House Chief of Staff John Kelly threatened to resign in late March after a heated Oval Office discussion with President Trump, according to Axios. Since taking the reins as chief of staff, Kelly and Trump are said to have a tense relationship.
Additionally, the spokesman for President Trump's National Security Council plans to leave the administration, the White House announced. The president telephoned Michael Anton on Sunday to thank him for his service. (Reuters)
Trump "probably won't" go to the annual White House Correspondents' Dinner for the second year in a row. The president often uses the media as a punching bag, including during his recent attacks on The Washington Post. (CNBC)
Republican leaders, attempting to mitigate their party's possible losses in this year's midterm elections, are warning that Democrats will immediately move to impeach President Trump if they capture the House, The New York Times reported.
Deutsche Bank (DB), struggling after a string of money-losing years, replaced its British CEO with Christian Sewing, the senior German head of its retail bank. John Cryan's departure is seen as moving Deutsche Bank closer to a potential merger with another European bank. (WSJ)
Patrick Reed fought to make a one-shot victory at the 82nd Masters on Sunday, trading in his "Captain America" cap for a Green Jacket. He displayed plenty of the same brash spirit that earned him the "Captain America" moniker. (Reuters)
Boeing (BA) received an order for 47 787 Dreamliners from American Airlines Group (AAL). The order is valued at more than $12 billion at list prices, and more than doubles American's 787 fleet.
Tesla (TSLA) is recalling about 8,900 Model S vehicles in China to address a power steering issue.
Kinder Morgan's (KMI) Canadian unit suspended work on a controversial pipeline expansion. The pipeline operator said it would scrap the expansion unless various legal challenges could be resolved by the end of May.
Disney (DIS) released a new trailer for its upcoming "Solo: A Star Wars Story," giving viewers their best look at what the film is about. The movie will apparently follow Han Solo's origin story. He's one of the franchises' most iconic characters. (The Verge)
"A Quiet Place," the thriller directed by John Krasinski, soared past estimates to a massive $50.3 million debut weekend at the box office, the second highest domestic opening of the year to date behind "Black Panther." (Variety)