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MarketScreener Homepage  >  News  >  Economy & Forex

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News Highlights: Top Global Markets News of the Day

10/20/2020 | 07:16am EST
Stock Futures Rise Ahead of Stimulus Talks Deadline 
 

Additional aid in coming weeks from the government for American households and businesses hangs on whether a deal can be struck by end of Tuesday.

 
EU Kicks Off Common Debt Program with Strong Demand for Social Bonds 
 

The European Union began bond issuance under the SURE program, in the first step toward becoming a globally dominant social bond issuer, raising EUR17 billion ($19.98 billion), said one of the lead manager banks.

 
Pot Stocks Go On a Chilled-Out Election Rally 
 

A victory for the Democratic Party in next month's presidential election would be a game changer for the cannabis industry. Despite their reputation for overexuberance, pot investors are reacting with level heads.

 
Pelosi, Mnuchin Work to Reach Deal Before Tuesday Deadline 
 

House Speaker Nancy Pelosi (D., Calif.) and Treasury Secretary Steven Mnuchin are working to see if it is possible to make a deal on a sweeping coronavirus relief package before the election.

 
China Is Experiencing a Boom in Share Sales 
 

China is claiming a record proportion of global initial public offerings and other debuts, aided by buoyant markets, a new tech board and companies seeking listings closer to home.

 
RBA Policy Easing Looks Locked-In for November 
 

The Reserve Bank of Australia gave its clearest signal yet that it will cut interest rates further and announce a multibillion-dollar program of government bond-buying in November to help fast-track the economic recovery now emerging in most states.

 
New U.S. Coronavirus Cases March Higher 
 

The U.S. reported more than 58,000 new coronavirus infections, continuing an upward trend in recent days, as the national death toll exceeded 220,000.

 
Top Fed Official Says Policy Response Could Speed Faster Recovery 
 

Richard Clarida, the central bank's No. 2 official, says easy monetary policy and more government spending will be needed.

 
Investors Don't Believe What They Are Seeing on Wall Street 
 

Shares of Wall Street banks, notably Goldman Sachs, don't reflect solid recent performance. Investors may be too focused on the past.

 
Fed Takes Cautious Approach to Possibly Issuing Digital Currency 
 

The Federal Reserve is in no hurry to issue a digital currency, Chairman Jerome Powell said, citing unresolved concerns including the potential for theft and fraud.

(END) Dow Jones Newswires

10-20-20 0715ET

Stocks mentioned in the article
ChangeLast1st jan.
APHRIA INC. -9.17% 9.91 Delayed Quote.46.17%
AURORA CANNABIS INC. -17.25% 12.62 Delayed Quote.-62.31%
AUXLY CANNABIS GROUP INC. -3.23% 0.3 Delayed Quote.-44.44%
CANOPY GROWTH CORPORATION -7.50% 34.52 Delayed Quote.26.40%
CRONOS GROUP INC. -8.37% 10.73 Delayed Quote.7.62%
HEXO CORP. -3.50% 1.38 Delayed Quote.-33.33%
LIBERTY HEALTH SCIENCES INC. 2.00% 0.51 Delayed Quote.-16.39%
ORGANIGRAM HOLDINGS INC. -11.41% 1.63 Delayed Quote.-48.90%
THE GOLDMAN SACHS GROUP, INC. 1.20% 232.08 Delayed Quote.0.28%
THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD. -5.88% 0.32 Delayed Quote.-57.33%
THE SUPREME CANNABIS COMPANY, INC. 12.90% 0.175 Delayed Quote.-72.22%
TILRAY, INC. -10.73% 8.07 Delayed Quote.-52.89%
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