European Stocks, Dow Futures Climb as Optimism Returns

European stocks rose at the open, as optimism returned to financial markets on signs there might be some stimulus after all for the world's largest economy. 


 
German Exports Rise, But Recovery Loses Steam

German exports continued their recovery in August, although the rise of 2.4% was less than in previous months. 


 
Ultra-Accommodative Monetary Policy Here to Stay: Pimco

Central banks are likely to remain trapped in highly accommodative monetary policies for many years to come, said Pimco's global economic advisor Joachim Fels. Read what else he had to say at a webinar on Wednesday. 


 
Trump Calls for Some Covid-19 Aid After Shutting Down Stimulus Talks

The president renewed his calls for Congress to pass individual coronavirus relief measures, including airline aid to avert widespread layoffs, after he ended talks with Democrats on a larger package until after the election. 


 
Pence, Harris Clash on Combating Coronavirus at Debate

The pandemic dominated the 2020 campaign's only vice presidential debate, but the candidates also sparred over taxes, the economy, fracking and the Supreme Court. 


 
Trump Symptom-Free for 24 Hours, Says White House Doctor

President Trump returned to the Oval Office as his recovery from a Covid-19 infection continued to progress, the White House's top doctor said Wednesday, but key details about the president's health remain unclear. 


 
Fed Faced Divisions Over Low-Rate Promises Last Month

Federal Reserve officials were divided last month over how to apply their new policy framework to an economy battered by the coronavirus pandemic, according to minutes of their Sept. 15-16 meeting. 


 
Fed's Evans Says His Recovery Forecast Depends on Renewed Fiscal Aid

Chicago Fed President Charles Evans sees the U.S. economy growing 4% next year, but said his outlook assumes additional fiscal support is forthcoming. 


 
Pandemic Rocks Private-Markets Fundraising

A record number of private-market investment firms are seeking capital despite the coronavirus pandemic, which held back fund closings during the third quarter, according to data provider Preqin. 


 
New U.S. Coronavirus Cases Top 50,000 for the First Time in Five Days

The daily total of new coronavirus cases continued to climb in the U.S., prompting some states to impose new measures to counter rising levels of infections.

(END) Dow Jones Newswires

10-08-20 0515ET