Stocks rise after an ugly finish to October, with support tied to upbeat global economic data on the eve of Election Day, as investors continue to monitor rising COVID-19 cases and a continued stream of corporate earnings results.
Oil futures turn higher on Monday on expectations that OPEC+ will postpone plans to curb production cuts, amid concerns over energy demand and widening restrictions on activity in Europe to contain surge in COVID -19
Jim Rogers once again hammered home the idea that the flood of money flowing from central banks are artificially keeping markets around the world afloat. He’s been calling for a nasty selloff for a while now.
A group of Trump supporters on Friday surrounded and harassed a Biden campaign bus on a Texas freeway, in a confrontation that reportedly led to one minor crash and Texas Democrats cancelling three events.
Amazon.com Inc. AMZN had record sales in the third quarter, but the e-commerce giant also saw its shipping costs jump 57% year-over-year, reaching an eye-popping $15.06 billion for the period.
Just a few years ago, Qian Yongqiang was running his own account. Now, after riding a wave of big wins, his $1-billion hedge-fund is on top of the world and sitting on a wad of cash ahead of the U.S. election.
The French government’s decision to ban supermarkets and big retailers from selling goods deemed “nonessential” could amount to a blank check for U.S. retailer Amazon.
Stock-index futures point solidly higher Monday, after an ugly finish to October, with support tied to upbeat global economic data on the eve of Election Day as investors continue to monitor rising COVID-19 cases and a continued stream of corporate earnings results.
A group of Trump supporters on Friday surrounded and harassed a Biden campaign bus on a Texas freeway, in a confrontation that reportedly led to one minor crash and Texas Democrats cancelling three events.
Next week’s trading action could mark the culmination of some of the most significant hang-ups confronting investors, including the possible return to March-style shutdown as cases of COVID-19 rise domestically and elsewhere in the world.
Experts attribute the record-breaking number of coronavirus cases to growing weariness among Americans to keep up with pandemic practices like social distancing and wearing masks.
Gilead Sciences Inc.’s prominent COVID-19 drug unexpectedly brought in $100 more million in sales than analysts had expected in the third quarter, but that doesn’t mean Wall Street’s questions about Veklury have faded away.
Next week’s trading action could mark the culmination of some of the most significant hang-ups confronting investors, including the possible return to March-style shutdown as cases of COVID-19 rise domestically and elsewhere in the world.
All of the focus is on the outcome of the president election, but several key economic indicators and a Fed meeting will reveal a lot about the future patch of the economy.
Just days before the 2020 election, President Trump is touting record growth in the economy in a last-ditch effort to persuade voters to stick with him. Yet Democratic rival Joe Biden says the U.S. is stuck in a “deep hole” and that the recovery is in danger of stalling. Here’s where the economy really stands.