Concerns over the coronavirus resurgence in the U.S., which has started to show signs of weighing on businesses, coupled with expected news from Washington that is likely to stoke geopolitical tension, will be the likely market drivers today.
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Covid-19 is Changing the Business of Financial Advice
Financial advisors entered 2020 like the rest of Wall Street: on a wave of cautious but bullish spirits. Then the coronavirus happened.
Wells Fargo tells new clients they need $1 million in balances for certain mortgage refinancings
The move shows how Wells Fargo, the largest U.S. mortgage lender and biggest player in jumbo mortgages, is operating under the dual pressures of the coronavirus pandemic and a Federal Reserve cap on its balance sheet.
Stocks making the biggest moves premarket: United Airlines, Amazon, Nvidia, Wells Fargo & more
United falls after reaching a deal with a pilots union. Citigroup gives Amazon a Street-high price target.
Tencent in exclusive talks to buy Hong Kong gaming firm Leyou
Chinese tech giant Tencent is in exclusive talks to acquire Leyou Technologies, the Hong Kong-listed games developer announced on Friday.
Coronavirus fears are pushing investors back into stay-at-home trades
Allianz Global Investors‘ Mona Mahajan sees a major shift in the market.
Stocks making the biggest moves after hours: Virgin Galactic, Redfin, Carnival and more
See which stocks are posting big moves after the bell.
Dow rises 100 points on positive coronavirus treatment news, airlines gain
Stocks opened along the flatline on Friday as traders weighed positive news about a potential coronavirus treatment and another record spike in virus cases.
Stock Market Third Quarter Forecast: Covid Concerns & Fed Policy to Clash
Equity markets endured significant volatility last quarter even as they staged a remarkable recovery, but many of the same themes behind the initial crash exist heading into the third quarter.
Dollar as a Safe Haven or Source of Global Instability?
The US Dollar is the traditional safe haven currency – a boon when global risk is shaken by a pandemic. And yet, that role is not inviolable. With a swell in COVID cases in the US, trade sparks rek…