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Market News

Location American Market News for 2 November 2020

Investors Binge on Convertible Bonds as Issuance Soars

Wall Street Journal - 2 Nov 2020 15:47
Companies hit hard by the pandemic have flooded the market this year with the most convertible bonds since 2007. Investors who scooped up these securities have been rewarded with strong returns.
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Oil Swings in Volatile Trading Amid Demand Fears

Wall Street Journal - 2 Nov 2020 17:52
Crude prices swung between gains and losses, extending a period of volatility as widening restrictions on economic activity in Europe threaten to hit demand for fuel.
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Here's Why Oil Prices Are Plummeting Again

Forbes - 2 Nov 2020 16:02
Here's Why Oil Prices Are Plummeting Again Demand is cratering amid fears of new coronavirus lockdown measures.
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Stocks This Week: Sell Short Marathon Petroleum And Walt Disney And Buy Travelers Here are trading recommendations for a weak market.
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On Regulation, Elections Don't Change Everything

Wall Street Journal - 2 Nov 2020 23:56
Regardless of the election outcome this week, some key decisions relevant to investors may be made by regulators who won't change right away.
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Bitcoin Poised For Gains After Recent Pullback Bitcoin prices have followed a broad, upward trend since March, and many analysts have predicted this bullish trend will continue.
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SEC Extends Effort to Help Private Companies Raise Capital

Wall Street Journal - 2 Nov 2020 23:26
A new rule increases exemptions to federal securities laws on disclosure of financial information, but critics say the move further undermines public markets.
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The 40-year old Briton is set to be released from prison in January after serving less than half of his 11-year sentence.
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State And Local Governments Are In Crisis. Will The Election Change Anything? Biden has said he'll send more aid to states and localities, but Trump and Senate Republicans are wary of doing the same.
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Election Day is imminent in the U.S. For those who are somehow unaware of this fact, consumer brands are happy to provide a reminder.
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Aaron's Reports 3Q20 Results; To Spin-Off Progressive Leasing By The End Of 4Q20 For 3Q20 (ended Sept), Revenues increased by 9.2% YOY to $1,052.3 million (+4.0% vs. consensus), primarily due to 13.7% increase in Progressive and 3.4% increase in Aaron's Segment.
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Top ETFs This Week As Dow Kicks Off Month With Gains Markets closed October by ending the week lower for the second consecutive week. In fact, the indices had their worst week since global markets crashed in March. Amidst the uncertainty, our deep learning algorithms have ...
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These 10 Financial Issues Matter Most To Americans Stimulus checks, unemployment benefits and more.
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Why Apple Might Lose The US Government's War On Google Google itself, much like Microsoft a generation ago, will likely emerge with a slap on the wrist and a big bill to Uncle Sam.
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Citigroup Names New Consumer Banking Head

Wall Street Journal - 2 Nov 2020 20:53
The bank named a new leader for its global consumer bank and said its chief risk officer will leave, two changes that highlight how the incoming chief executive, Jane Fraser, can start making her mark.
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Mukesh Ambani, India's Richest Person, Loses $6.8 Billion After Reliance Shares Fall On Weak Quarterly Earnings Ambani's net worth fell from $78.3 billion to $71.5 billion on Monday. Despite the drop, he's still one of the ten richest people in the world.
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Fines for wrongdoing on Wall Street and other securities-related cases hit a record $4.6 billion this year, despite a pandemic that shuttered courts for months and sent government enforcers home to do their jobs.
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Netflix And Facebook Among Top Trending Stocks Rated Attractive This Week Last week was the final trading week of October and the final pre-election trading week. Predictably, the markets experienced significant volatility. Among all the news and data whipsawing the markets, our deep learning ...
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The finance firm is selling four planes as it tidies up its corporate governance and looks to raise fresh capital from investors.
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Stocks To Trade In November

Forbes - 2 Nov 2020 19:13
Stocks To Trade In November These are the stock recommendations in November.
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Why Is Your Portfolio Up Or Down? These ETFs Might Help Explain This list of ETF Haves and Have-Nots tell the story of a strange 2020 in the markets With the U. S. Presidential Election upon us, it is clear that the first 10 months of the year have changed the way the economy functio...
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Dow Rebounds 300 Points Despite Threat Of U.S. Lockdowns-But There's Still A Long Way To Go For A Recovery Global lockdowns amid surging coronavirus cases have dampened market prospects, but the market's still adding back some of last week's losses.
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