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News Highlights: Top Global Markets News of the Day

09/30/2020 | 03:16am EDT
Trump, Biden Clash in Contentious First Debate 

President Trump and Joe Biden clashed over the Supreme Court, the coronavirus and the economy in a debate marked by interruptions and insults from both candidates.

Fed's Williams Upbeat On Outlook, Says More Fiscal Aid Would Help 

"The recovery has actually been stronger, more robust than many were expecting," Mr. Williams said in a virtual appearance. "This ability to somehow keep the economy growing, despite the pandemic...makes me optimistic that we'll be able to continue to see a pretty strong economic recovery for the rest of this year, into next year."

China's Economic Rebound Picks Up Pace 

China's economy gathered more steam in September as a rebound in global demand and the government's supportive measures bolstered factory activity and helped push sentiment in the service sector to its highest level in nearly seven years.

Bond Markets Signal Investors' Jitters Ahead of First Presidential Debate 

Investors in Treasury markets showed signs of nervousness ahead of the first debate among candidates in this year's U.S. presidential election.

China Greenlights Another Covid-19 Vaccine for Human Testing 

A Chinese drugmaker, which is collaborating with AstraZeneca PLC on production of a coronavirus vaccine, has won approval from Chinese regulators to start testing one of its own vaccine candidates at home.

Covid-19 Cases Tick Up in New York as U.S. Infections Edge Down 

The daily share of people tested in New York City who are positive for Covid-19 hit 3.25% for the first time since June, while the U.S. reported just over 33,000 new cases for Monday, slightly lower than the previous day's tally.

Covid-19 Cases Jump in Canada, Prompting New Restrictions 

Canada is seeing a sharp rise in cases of Covid-19, alarming health officials and triggering a second round of lockdowns and strict distancing recommendations.

U.S. Stocks Slip Ahead of First Trump-Biden Debate 

Democrats unveiled a revised spending bill, but investors see dim prospects for additional relief from the government before the November elections.

Money-Market Fund Rules Likely Fall Short, Policy Makers Say 

Steps to make money-market mutual funds less susceptible to runs probably need to be improved after a bout of turmoil in March, SEC Chairman Jay Clayton and a Treasury Department official said.

U.S. to Start Forgiving PPP Loans After Borrowers Complained 

The Treasury aims to begin approving small-business owners' forgiveness requests by late this week or early next, following criticism that the process for turning the loans into grants has been too slow and onerous.


Stocks mentioned in the article
ChangeLast1st jan.
ASTRAZENECA PLC 0.69% 8339 Delayed Quote.13.87%
BANDAI NAMCO HOLDINGS INC. 3.18% 8277 End-of-day quote.-7.27%
CHINA ENTERPRISE COMPANY LIMITED -1.23% 3.2 End-of-day quote.-4.76%
CITY HOLDING COMPANY -0.42% 77.91 Delayed Quote.12.02%
DAX 0.78% 15693.27 Delayed Quote.14.39%
NEWS CORPORATION 1.44% 26.84 Delayed Quote.49.36%
NEXT PLC 0.68% 8054 Delayed Quote.13.66%
SDAX 0.89% 16401.63 Delayed Quote.11.09%
SHARP CORPORATION -2.32% 1891 End-of-day quote.20.91%
SOFTBANK GROUP CORP. -0.27% 8000 End-of-day quote.-0.72%
THE WILLIAMS COMPANIES, INC. 0.29% 27.79 Delayed Quote.38.60%
TOTALENERGIES SE 1.28% 40.33 Real-time Quote.14.25%
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