Business > Industry

US stock futures tumble amid COVID-19 surge, stimulus doubts

30 days ago   |   By New York Post

US stock futures sank Monday as a nationwide surge in coronavirus infections and a dim outlook for another stimulus package roiled Wall Street. Futures contracts tied to the Dow Jones industrial average were down 260.00 points, or 0.9 percent, at 27,929.00 as of 7:39 a.m. after the US recorded more than 83,000 new COVID-19 cases...
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Global stocks fall, dollar rises as stimulus talks fade and COVID cases spike

Global stocks fall, dollar rises as stimulus talks fade and COVID cases spike

30 days ago   |   By Fortune

Good morning. We are a mere eight days to Election Day. Curfews, COVID and crumbling stimulus talks are conspiring to create a deeply risk-off mood, dragging down global stocks and U.S. futures.
Reminder: it's a packed calendar for corporate earnings this week. Will that be enough to lift investors' spirits?
Let's check in on the action.
Markets update
Asia
The major Asia indexes are mostly lower in afternoon trading with Shanghai down 0.8%. The recent rally in global solar and wind producers can primarily be pinned to China's pledge to go carbon neutral by 2060. The S &P Global Clean...
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Global stocks tumble as investors dump risk with COVID-19 cases rocketing and no US stimulus deal

Global stocks tumble as investors dump risk with COVID-19 cases rocketing and no US stimulus deal

30 days ago   |   By Business Insider

Summary List Placement
Global stocks tumbled on Monday, as investors dumped risk assets, with COVID-19 cases rocketing in the US and Europe, while the stimulus saga dragged on.
The US marked a new milestone in the past few days, recording around 83,700 new COVID-19 cases each day. While the fatality rate has been flat, top scientists warn that it tends to lag cases by two weeks.
In Europe, Spain and Italy introduced their strictest measures since national lockdowns ended in May.
"Fortunately, there are several vaccines in the pipeline, or we could have been looking at a pretty significant...
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US weekly jobless claims rise to 778,000, more than economist forecasts as...

US weekly jobless claims rise to 778,000, more than economist forecasts as labor-market recovery weakens

Summary List Placement The number of filings for US unemployment insurance rose last week, defying economist estimates that called for a decline. The latest data suggests the... Read more ...

Second stimulus checks: Economists urge new round of $1,200 payments to...

Second stimulus checks: Economists urge new round of $1,200 payments to Americans

WASHINGTON - As Americans prepare for Thanksgiving, a group of more than 125 economists is calling for a second round of $1,200 stimulus checks for Americans, saying in an open... Read more ...

Dyson vacuums are up to $200 off right now for Black Friday - you can also...

Dyson vacuums are up to $200 off right now for Black Friday - you can also get $75 worth of free tools when you order from Dyson directly

Summary List Placement Dyson deals are plentiful during Black Friday, and some of the best ones we've seen so far are $150 off the Cyclone V10 Animal and $150 off the V8 at... Read more ...

Mobile home owners need homeowners insurance, but it's not the same type...

Mobile home owners need homeowners insurance, but it's not the same type you'd get for a house

Summary List PlacementTable of Contents: Masthead Sticky Homeowners insurance offers protection for homeowners' belongings and the home itself. There are eight types of... Read more ...

US stocks waver as worse-than-expected jobless claims nullify reopening hopes

US stocks waver as worse-than-expected jobless claims nullify reopening hopes

Summary List Placement US stocks fluctuated on Wednesday as a surprise jump in weekly jobless claims stifled recovery enthusiasm. New claims for unemployment benefits rose to... Read more ...

Tesla is recalling more than 9,000 Model X cars over a cosmetic adhesive...

Tesla is recalling more than 9,000 Model X cars over a cosmetic adhesive that could fly off

Summary List Placement Tesla on Wednesday filed to recall an estimated 9,136 Model X vehicles due to issues with a cosmetic adhesive that could come loose, fly off, and create... Read more ...

Ivanka Trump and Jared Kushner are expanding their New Jersey estate after...

Ivanka Trump and Jared Kushner are expanding their New Jersey estate after hostile signals from New York high society about their post-presidency life

Summary List Placement Ivanka Trump and Jared Kushner are looking to expand their estate in New Jersey, The New York Times reported , as they plan their life after the White... Read more ...

France is pushing ahead with its tax on US Big Tech after a 10-month...

France is pushing ahead with its tax on US Big Tech after a 10-month standoff with Trump, setting the stage for a trade war over makeup and handbags

Summary List Placement France has demanded US tech giants pay its new 3% digital services tax, in a re-escalation of a trade war with the White House that was put on hold in... Read more ...

The US is reportedly close to lifting its 8-month travel ban for Europe, now...

The US is reportedly close to lifting its 8-month travel ban for Europe, now that its own COVID-19 outbreak is far worse

Summary List Placement The White House is considering lifting its travel ban on inbound travel to the US from Europe and Brazil, Reuters reported early Wednesday . It comes as... Read more ...

Tesla has surged past $525 billion in market value and could soon overtake...

Tesla has surged past $525 billion in market value and could soon overtake Warren Buffett's Berkshire Hathaway. Here's why that's astounding

Summary List Placement Tesla's market capitalization soared past $525 billion on Tuesday, leaving it within striking distance of the $549 billion market cap of Warren Buffett's... Read more ...