Dow, S&P 500 on Track to End Week Near Record Highs
Major technology-stock benchmarks are poised to breach fresh all-time highs Friday, with Nasdaq-100 futures pointing to extended rally.
China's Industrial Profit Accelerated in October
China's industrial profit erased coronavirus-induced losses and posted growth in the first 10 months of the year, official data showed Friday, as the world's second-largest economy continued to recover.
The Stock Market and Derivatives Are Sending Different Signals
The Dow Jones Industrial Average has soared back near records, fueled by optimism about a coming coronavirus vaccine. A volatility index known as Wall Street's fear gauge however also remains elevated.
Eurozone Businesses Lose Confidence as Fresh Lockdowns Bite
Eurozone businesses were more pessimistic about their prospects in November, as a surge in coronavirus infections led governments to impose tougher restrictions on households and companies.
The Dollar Is Weak. Investors Bet It Will Slide Even More.
The U.S. dollar this week hit its lowest levels against a basket of currencies in more than two years. Investors and analysts think it has further to fall.
China Set to Slap Anti-Dumping Duties on Australian Wine
China's commerce ministry said that it will impose temporary anti-dumping duties on imports of Australian wines after launching a probe in August.
U.S. Hospitalizations Top 90,000 for First Time
The number of people hospitalized in the U.S. due to Covid-19 surpassed 90,000 for the first time, as the pandemic loomed over Thanksgiving Day celebrations.
How Property Booms Eat Our Economic Future
An increasing body of research looking at the U.S. and Chinese real-estate markets suggests that long booms may drag on the productivity of the economy.
China Escalates Australia Trade Dispute With Wine Tariffs
China imposed anti-dumping tariffs on Australian wine, escalating a monthslong trade dispute and forcing local vintners to seek other markets for millions of bottles during a pandemic.
Fed Signals New Guidance Coming on Asset-Purchase Program
Officials this month discussed plans to provide more information about how long they will keep purchasing Treasury and mortgage-backed securities by linking the time frame for the stimulus program to economic conditions.
(END) Dow Jones Newswires