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The health care sector bounced back from a plunge a day earlier.

The company would have had revenues of $US13.2 billion in the year ended June 30.

Wall Street started the week with another round of selling, placing the market squarely in “correction” mode. This is just the latest data point out of the world’s second- biggest economy that suggests economic softening.

Futures on the Nasdaq exchange were down 0.5 percent.

A sell-off in drug manufacturers extended into a second week.

Struggling Aluminum maker Alcoa Inc. said Monday that it would split into two publicly traded companies next year, joining the recent wave of companies looking to spur growth by breaking up.

While demand for Alcoa manufactured products for airplanes and cars has remained strong, the company has been pummeled by lower aluminum prices.

Ford and Alcoa are broadening their partnership by way of using a more moderen type of aluminum that is stronger and extra simply formed into auto physique elements for the carmakers in style F-150 collection pick-up vans. The metals firm is in talks with eight other automakers...