Cyclical Stocks Power Dow Industrials Higher

The blue-chip index outpaced the broader S&P 500 and Nasdaq Composite Index for a second consecutive day as investors reordered the market's winners and losers. 


 
RBNZ Eyes Mortgage Restrictions, Delays Bank Capital Increase

The Reserve Bank of New Zealand said it could reinstate restrictions on mortgage lending by March 1 after rapid growth in higher-risk lending to investors. 


 
Fed's Kaplan Says Economy Likely Needs More Targeted Aid

Federal Reserve Bank of Dallas President Robert Kaplan said Tuesday that easing terms for access to some of the central bank's emergency lending facilities appears be a good idea as the economy faces a particularly challenging period in its coronavirus pandemic recovery efforts. 


 
Job Openings Are Rising Closer to Prepandemic Levels

The number of job openings in the U.S. has climbed since the spring and is now nearly back to the levels before the pandemic hit the labor market, a sign of continued economic improvement despite an upsurge in infections and fading fiscal support. 


 
Political Battle Looms Over Fed's Emergency Loan Programs

The Treasury Department is facing pressure to allow lending backstops to expire at year end, but some Fed officials fear the move could be premature. 


 
Inside Monday's Market Surge

For most of 2020, thanks to the pandemic, investors couldn't get enough Peloton or Zoom, or get far enough from airlines and energy stocks. That changed Monday. 


 
Corporate Tenants Dump Excess Office Space, Sending Shivers Through the Market

More companies are looking to dump excess office space by renting it out to new tenants, flooding the market with additional supply that could depress U.S. office rents. 


 
Biden Says Standoff With Trump Administration Won't Stop Transition

Joe Biden called President Trump's unwillingness to concede the election an "embarrassment" but said it wouldn't impede his White House transition, despite a standoff with the administration that is preventing the president-elect's team from accessing key resources. 


 
Biden's Plan to Shift Energy Policy Faces Headwinds

Energy and climate policy will be among the president-elect's top priorities when he steps into the Oval Office next year, but it could also prove one of his toughest challenges. 


 
Research Ties Curbing the Covid-19 Pandemic to Saving the Economy

The blossoming field of economic epidemiology is focused on a central question of the coronavirus pandemic: How can governments best protect public health while preserving jobs and the economy?

(END) Dow Jones Newswires

11-10-20 1915ET