Stock Market News

. By David Randall The upcoming U.S. presidential election will likely be an important catalyst for stock market moves in coming months, as investors gauge the probabilities of a contested vote and the policies a potential winner would enact. Here are five issues in Washington that investors say will be important for asset prices. 1) An orderly electi

. Randal Quarles, vice chairman of supervision at the Federal Reserve, listens during a panel discussion at the National Association of Business Economics' (NABE) Economic Policy Conference in Washington, D.C., U.S. on Monday, Feb. 26, 2018. Quarles offered an optimistic view of the U.S. economy, suggesting it may be on the cusp of a sustained period of faster growth and reaffirming his s

. U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin By Ben Klayman DETROIT Nikola Corp (O:NKLA) Chief Executive Mark Russell said Wednesday he is confident the electric and hydrogen fuel cell vehicle startup will close a deal with an ene

3/3Reuters. A person poses in front of a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City 2/3 Shares of Palantir Technologies Inc (N:PLTR), the U.S. data analytics firm known for its work with the Central Intel

. By Yasin – The Dow surged Wednesday, driven by technology and consumer discretionary stocks on better-than-expected economic data and rising hopes U.S. lawmakers can reach a deal on another coronavirus stimulus package.The Dow Jones Industrial Average added 1.62%, or 444 points. The S&P 500 was up 1.15%, while the Nasdaq Composite rose 1.01%.Signs the labor

. Logo of Bayer AG at a plant of the German pharmaceutical and chemical maker in Wuppertal BERLIN German drugs company Bayer AG (DE:BAYGn) announced plans on Wednesday for more than 1.5 billion euros ($1.76 billion)of cost cuts as of 2024, on top of savings announced in 2018, as it battles with a slowdown in the agricultural market. The cash

. MOSCOW Russian state energy holding InterRAO (MM:IRAO) plans to invest up to 45 billion roubles ($580 million) in its gas turbines joint venture with General Electric (N:GE), Alexey Maslov, its head of strategy, said on Wednesday. Russia's power market has become attractive for Western producers of gas turbines as the country has started to moderni

. Illustration picture shows a logo of payments company Worldline BRUSSELS The European Commission approved on Wednesday French payment company Worldline's (PA:WLN) 7.8 billion euro ($9.1 billion)acquisition of rival Ingenico (PA:INGC), subject to conditions. The Commission, which oversees competition policy in the 27-nation European Union, said that th

2/2Reuters. U.S. President Donald Trump and Democratic presidential nominee Joe Biden participate in their first 2020 presidential campaign debate in Cleveland 2/2 By Devik Jain and Shreyashi Sanyal Wall Street's main indexes jumped on Wednesday, with the S&P 500 on course for its best two-quarter gain since 2009, as investors reki

. By April Joyner NEW YORK A fractious U.S. presidential debate on Tuesday night has done little to ease market worries that the results of the Nov. 3 election will be contested or uncertain, options markets showed. Futures on the Cboe Volatility Index (VIX), known as "Wall Street's fear gauge," continue to show investors bracing for market gyrations in

. U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin By Ben Klayman DETROIT Nikola Corp (O:NKLA) Chief Executive Mark Russell said Wednesday he is confident the electric and hydrogen fuel cell vehicle startup will close a deal with an ene

. By Christiana --   Asana opened at $27 in its direct listing on the New York Stock Exchange, which had set a reference price of $21. The workplace management software firm's founders include Facebook (NASDAQ:FB) co-founder Dustin Moskovitz. Asana has registered 30 million shares. On a fully diluted basis and based on the $21 reference price, Asana would have a

. By Christiana -- Penn National Gaming (NASDAQ:PENN) rose almost 6% after a strong Barstool Sportsbook launch that prompted a slew of price target increases. The Barstool app was introduced on Sept. 18 in Pennsylvania, and broke records for the most downloads ever for the launch of a new mobile sportsbook, Chief Executive Officer Jay Snowden said in a statement.

. Steve Dickson, Administrator of the FAA, speaks at the UK Aviation Club in London SEATTLE/WASHINGTON Federal Aviation Administration Chief Steve Dickson began an evaluation flight at the controls of a Boeing 737 MAX (N:BA) Wednesday in Seattle just before 9 a.m. PDT, a key milestone as the U.S. planemaker works to win approval to

. By Christiana --  The cruise lines are going to Washington. Cruise companies rose ahead of a Friday meeting at the White House with the heads of the lines to discuss a return to the seas, CNBC said. There are also media reports that Vice President Mike Pence overruled officials from the Centers for Disease Control on a decision to extend the No Sail Order, set

. Sheryl Sandberg Photographer: Michael Nagle/ -- A quarter of women are considering leaving the workforce or scaling back on their career aspirations because of the extra demands created by the Covid-19 pandemic, according to the annual study of women in the workplace released Wednesday by McKinsey & Company and LeanIn.Org.Working mothers a

. U.S. House Speaker Nancy Pelosi, a Democrat from California, speaks during a news conference at the U.S. Capitol in Washington, D.C., U.S., on Thursday, Sept. 24, 2020. Pelosi expressed hope that there would be another round of stimulus talks, but gave no indication that Democrats would bend on their stance that the country needs $2.2 trillion in fresh aid. (Bloom

. A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle The U.S. House Committee on Transportation and Infrastructure on Wednesday unanimously approved bipartisan legislation to reform the Federal Aviation Administration’s (FAA) aircraft certification process in the wake of two fatal Boeing 737 MAX crashes that killed 346 people

. DETROIT Nikola Corp (O:NKLA) Chief Executive Mark Russell said on Wednesday he remains confident the electric and hydrogen fuel cell vehicle startup will close a deal with an energy partner, and talks to finalize an alliance with General Motors Co continue. (N:GM) There had been reports Nikola's talks with energy firms including BP PLC (L:BP) had

. By Alberto Alerigi SAO PAULO Brazilian sanitation company BRK Ambiental, controlled by Canada's Brookfield Asset Management Inc (TO:BAMa), on Wednesday won an auction to run water and sewage services in the northeastern city of Maceio with a 2 billion reais ($354 million) bid. While 89% of Maceio's 1.5 million inhabitants have access to water servic

. A realtor wearing a protective mask uses a smartphone to provide a virtual video tour of a home for sale in Sacramento, California. -- U.S. pending home sales rose more than expected in August, reaching the highest level on record as low mortgage rates fuel a housing rally.The National Association of Realtors’ index of contract signings to buy previo

2/2Reuters. U.S. President Donald Trump and Democratic presidential nominee Joe Biden participate in their first 2020 presidential campaign debate in Cleveland 2/2 By Devik Jain and Shreyashi Sanyal Wall Street's main indexes rose on Wednesday, led by industrials and technology-related stocks, although investors remained cautious after

. Volunteers load groceries into a vehicle during a drive-through food bank in Syracuse. -- Syracuse, New York, is negotiating with unions to furlough almost all of its more than 300 public-works employees. In Illinois, the town of East St. Louis is trying to stave off payless paydays. Arlington, Texas, might drop trash collection to once a week from twi

. SHANGHAI Amundi, Europe's largest asset manager, launched a wealth management venture in Shanghai on Wednesday and plans to set up an outbound investment business in Beijing as China opens its doors wider to global asset managers. The French company, which already owns a mutual fund venture in China, is capitalizing on a new round of financial opening

. The outbreak of the coronavirus disease (COVID-19) in New York By Matt Scuffham NEW YORK Global banks are preparing for the possibility that there will be no clear victor on the night of the U.S. presidential election, a scenario that could spark days or weeks of chaos in global equities and fixed income markets, several bankers said. Over t