The S&P 500 is up more than 5% since July 31, and that higher market would normally favor the White House incumbent.
Archiv für den Monat: Oktober 2020
Cramer: We’re in a ‘wacko market’ when stay-at-home stocks with few sales actually make sense
The „Mad Money“ host cited cloud company Snowflake and Zoom as „dominate American companies“ capitalizing online during the coronavirus pandemic.
Ant Group gets Hong Kong stock exchange approval, clearing last major hurdle for its massive IPO
Ant Group has received approval from the Hong Kong stock exchange for its highly-anticipated initial public offering (IPO), CNBC has confirmed.
Stocks making the biggest moves in the premarket: Procter & Gamble, Travelers, Logitech & more
The stocks making the biggest moves in premarket trading include Procter & Gamble, Travelers, Logitech, and more.
This comic was $2 short of getting Trump’s $300 weekly unemployment benefit. Now, he’s on the edge of financial ruin
Roughly 6% of workers collecting unemployment insurance from their state didn’t get the $300 weekly aid because they fell below the $100-a-week threshold, according to an initial estimate from Eliza Forsythe, a labor economist and assistant professor at the University of Illinois.
UBS reports its best third quarter for a decade, with a 99% hike in net profit
The world’s largest wealth manager, UBS, reported a jump in net income to $2.1 billion for the third quarter, beating analyst expectations.
Inflation comeback may force Fed to abandon easy money policy much sooner than intended, Wall Street forecaster Jim Bianco warns
Bianco Research’s James Bianco warns the economic backdrop could push the Federal Reserve to tighten and upset the stock market.
Procter & Gamble beats estimates as sales jump 9%, raises forecast amid strong demand
Procter & Gamble now expects sales growth of 3% to 4% during fiscal 2021, up from its prior forecast of 1% to 3%.
IBM reports third straight quarter of revenue declines
Revenue declines have returned under new IBM CEO Arvind Krishna as he seeks to sell off part of the company’s largest business segment.
ForexLive European FX news wrap: Mixed markets with US stimulus ‚deadline‘ in focus
Forex news from the European trading session – 20 October 2020
Headlines:
Markets:
– EUR leads, NZD lags on the day
– European equities mixed; E-minis up 0.6%
Headlines:
Markets:
– EUR leads, NZD lags on the day
– European equities mixed; E-minis up 0.6%