The central bank official told CNBC the resurgence of Covid-19 „is an important risk to that outlook.“

The stocks making the biggest moves in premarket trading include Dick’s Sporting Goods, Apple, Salesforce, and more.

The new venture is aiming to make ’natural capital‘ its own asset.

An adjustment to reflect a gain on investments helped Salesforce beat expectations, a day after the announcement that Salesforce would join the Dow Jones Industrial Average.

Dick’s Sporting Goods reported eye-popping quarterly earnings and sales growth as consumers flocked to its website for hiking gear, kayaks, weights and workout clothes to stay busy during the coronavirus crisis.

Nordstrom said Tuesday its net sales fell 53% during the second quarter, as its stores took a hit from being temporarily closed during the coronavirus pandemic.

„It’s not going to be a serious correction, not anywhere again down near those March lows,“ Wharton professor Jeremy Siegel told CNBC on Tuesday.

Satellite antenna builder Kymeta announced Tuesday that it closed a significant new round of fundraising led by Bill Gates.

The stocks making the biggest moves in premarket trading include Hormel, Medtronic, Best Buy, Exxon, and more.

Banks are preparing for more people to return after Labor Day, according to executives at lenders and technology vendors. But workers will hold onto the ability to work remotely.