The markets rebounded during the midday with the Dow adding 9 points to 24,190. Nasdaq gained 17 points to 6,779.
In an ongoing dispute with Amazon, Google announced that it will pull its YouTube app from Amazon's Echo Show and Fire TV. Amazon does not offer Google products such as Chromecast and Google Home or offer Amazon Prime Video for Google Cast users. Google has been attempting to resolve the matter with Amazon.
Canada has abandoned plans to purchase 18 new Boeing F/A-18 Super Hornet jets after Boeing accused Canada of unfairly subsidizing the Bombardier C Series jets. The U.S. Commerce Department hit the Canadian jets with a 300% tariff. Canada will purchase used Australian F/18 jets instead.
Pfizer will sell its own generic version of Viagra when its patent on the male impotency drug expires on Monday. Teva Pharmaceuticals will also begin selling its generic Viagra on Monday but did not disclose a price. Pfizer plans to sell its generic drug for half the price of Viagra, which is priced at $65 per pill.
In the broad market, declining issues outpaced advancers by a margin of more than 4 to 3 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 added 2 points to 2,632. Bitcoin rocketed $1,334 to $13,064.
