Stocks slide as aid hopes fade in waning stimulus push
Wall Street closed lower as the S&P 500 dropped 0.7 percent and the Dow fell 165.81 points amid renewed talks on a new stimulus package. Banks and tech shares led losses while crude oil rose on talks of ConocoPhillips buying Concho Resources. Market expects earnings trends to deteriorate but sees some improvement from energy gains and mixed results from major firms like Bank of America, Wells Fargo, Goldman Sachs, and U.S. Bancorp.
MENTIONED IN THIS ARTICLE
Wall Street
S&p 500
Treasury
Washington
U.S
Steven Mnuchin
House
Nancy Pelosi
Pelosi
Drew Hammill
Mnuchin
Milken Institute
Rod von Lipsey
UBS Private Wealth Management
Bank of America
Wells Fargo
Goldman Sachs
U.S. Bancorp
ConocoPhillips
Concho
Bloomberg News
Amazon
Microsoft
Apple
Trade talks with EU stall before UK deadline
In Brussels on the eve of a summit British PM Boris Johnson seeks a Brexit trade deal, but deep rifts over state aid and fisheries persist. EU leaders warn progress is insufficient as Michel Barnier hosts David Frost and Johnson weighs pulling the plug after the summit. France pushes for strict access to fishing waters and fair competition rules.
MENTIONED IN THIS ARTICLE
Brussels
European Union
Boris Johnson
U.K
Britain
Associated Press
Momen
Johnson
European Commission
Ursula von der Leyen
EU Council
Charles Michel
Michel Barnier
David Frost
Michel
France
Tim Barrow
United Kingdom
Banks Profits Steady Amid Pandemic Strains in US
Banks including JPMorgan Chase Citigroup Wells Fargo and Bank of America report third quarter profits rebounding as loan loss reserves fall from 33 billion in Q2 to 5 billion in Q3. Analysts say lower credit costs reflect improving US economy, though unemployment remains high and stimulus talks stall.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina
Congress
White House
U.S
Wall Street
Jpmorgan Chase
Citigroup
Wells Fargo
Bank of America
Kyle Sanders
Edward Jones
United Airlines
United
Delta Air Lines
Scott Kirby
G20 extends debt moratorium to June 2021 amid pandemic
The Group of 20 agrees to six more months of debt payment suspension to aid vulnerable nations in fighting COVID-19, potentially totaling 14 billion in relief. The move, announced via Twitter during finance ministers meetings, aims to free funds for health care and stimulus through June 2021 amid virtual IMF and World Bank sessions.
MENTIONED IN THIS ARTICLE
Washington
International Monetary Fund
World Bank
David McNair
Global Policy At One
Also Mentioned on This Page
Stan Choe
Damian J. Troise
Alex Veiga
the Market IN Review
S&p
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Wilshire
Russell
Naspaq
CyclerTh
Apple Inc
Repliman
US Ecology
MedalDiv
Navistar
BkofAm
GenElec
EnzoBio
WellsFargo
Onocrusn
AMC
NetElem
Adaptim
Humanign
At&t Inc
Medigus
AMD
Micront
Alibaba
Amber
MorgStan NanoDish
Améirlines
Newell Br
Apache
NiSource
Apple Incs
NokiaCp
EcoBrad
Northropg BedBath
Cisco
OwensCorn
CocaCola
Comcast
PepsiCo
Petrobras
Delta Air ‘Ee
DraftKin
Pfizer
ElecVeh
EggTrasfr
ExxonMbl
RylCarb
Facebook
Schimbrg
Sherwin
FirstEngine Fordm
Sirilusxm
SlackTc
Smucker
GeniusBr H
SorrentoTh
Evo
Sundial H
Gulforte H
Target Af
HomeDp HuntBnesh
Tesla Inc S W
Transcen
Nfosys
Twitter
Ntel
Uber Tch
ntrpDia Rs
UtdAirlHl
Nvacare
Vale SA
Tauunh
Vaxarth
VerizonCm
Jpmorgch WalMart
KaixinAuto
Keycorp
WellsFargo Kohls
McDalrds
YumBrids
Sweet Crude
NYMX
New York Mercantile Exchange
Chicago Board of Trade
CME
Chicago Mercantile Sugar (World
ICE
Intercontinental Exchange
Mutua
Init
American
AmrenBalAm
CptWidGrincAm
FdmillavsAm
Grfamrca m
Incamrca m
Inccamrca
Nwprspctva
Wamtinvsam
Dodge & Cox Inc
Dodge & Cox Stk
Fidelity
Fidelity Group
Fidelity TiMktidxinsPrm
Fidelity Usbdldxinsprm
Metropolitan West TilRetBoll
T. Rowe Price Bcgr
Vanguard
Vanguard DiverIav
Vanguard Hcadmrl
Nsidxins
Vanguard PrmCpAdmrl
Vanguard Stinvmgrdadmrl
Doe
SEC
The
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!