Dan Elwell, acting administrator at the US Federal Aviation Administration, has said the United States will be the first to certify the 737 Max for flight. But he hasn't articulated exactly when that would be.
The 737 Max, Boeing's best-selling plane, has been grounded since March. Regulators banned the 737 Max 8 from flying after an Ethiopian Airlines flight crashed earlier that month, killing 157 people.
That followed another tragic incident in October, when a 737 Max 8 operated by Lion Air crashed off of Indonesia, leaving 189 passengers dead.
The ordeal has hammered Boeing (BA), whose stock is down almost 20% since the beginning of March. Airlines complain that the grounding has cost them hundreds of millions of dollars, and a growing number are demanding compensation from Boeing. Orders for the jet have dried up, and deliveries have been suspended.
2. Deutsche Bank meeting: Deutsche Bank is holding its annual shareholder meeting in Frankfurt just days after the company's shares hit an all-time low. They've now dropped 41% in the past year.
The bank, which has struggled since the global financial crisis, is under significant pressureto map out a path forward as revenue falls faster than it can cut costs. Merger talks with crosstown rival Commerzbank (CRZBF) were called off last month.
Board chairman Paul Achleitner could take much of the heat Thursday, when shareholders will vote on a proposal to remove him from his position.
3. Pound drop: The British pound just hit its 2019 low point, weighed down by renewed political turmoil over Brexit.
Sterling dropped as much as 0.5% against the dollar on Thursday, at one point matching its January low of just above $1.26.
It's unclear how long Prime Minister Theresa May will be able to hold onto her job, after her final bid to get a Brexit deal through the UK parliament was met with opposition from across the political spectrum. That increases the odds of a messy exit from the European Union.
4. Global market overview: US stock futures indicate a tough day to come as China and the United States dig in on trade.
The Dow is set to open down almost 220 points, or 0.9%. The Nasdaq is tracking to drop 1.2%, while the S&P could begin the day off 0.9%.
European markets dropped in early trading on a batch of economic data that reinforced ongoing concerns about global growth. Britain's FTSE 100 index shed 1.3%, while markets in Germany and France both dipped 1.8% and 1.7, respectively.
Stocks in China showed similar declines. Hong Kong's Hang Seng index dropped 1.6%, while the Shanghai Composite index lost 1.4%. Japan's Nikkei was off 0.6%.
India bucked the trend, however, with stocks hitting record highs as early poll counts showed Prime Minister Narendra Modi winning reelection.
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