S&P 500 Futures Show Benchmark Shuffling to Record High

The broad U.S. stocks benchmark has crept higher for three straight weeks and is now just short of the all-time high notched in February. 


 
Coronavirus Claims Hurt Shares of European Insurers

European insurers have been singed by coronavirus claims and restrictions, with the Euro Stoxx Insurance index off more than 20% so far this year. 


 
Indian Miner Offers Over 13% Yield to Sell Junk Debt

An Indian commodities giant is preparing to pay one of the highest yields on a dollar bond in emerging markets this year, showing there are still pockets of stress in the credit markets despite a dramatic wider recovery. 


 
U.S. Coronavirus Death Toll Tops 170,000

The U.S. death toll from the coronavirus pandemic passed 170,000, while the number of new cases declined, reaching their lowest daily level since June 29. 


 
Japan's Economy in Deep Hole After Second-Quarter Plunge

The Japanese economy shrank less than the U.S. and European economies did in the April-June quarter, but it fared worse than Asian counterparts. 


 
China PBOC Injects $101 Billion Liquidity via Medium-Term Lending Facility

China's central bank injected liquidity into the banking system via its medium-term lending facility while keeping its interest rate unchanged, which could pave the way for lower benchmark lending rates. 


 
Casinos, Investors Bet on Gamblers Playing From Home

Casino operators and investors are betting that online gambling is ready to take off in the U.S. amid the pandemic. 


 
Utilities Cash In on Green Energy Subsidy for Bigger Wind Farms

Utilities across the country are seizing a fast-expiring green energy subsidy to boost the efficiency of aging wind farms as they set ambitious goals to reduce their carbon emissions. 


 
U.K. Housing Market Sets Monthly Sales Records

Record-beating levels of post-coronavirus activity have been posted in the U.K. housing market, with more than $48.35 billion in sales recorded in July, according to the latest Rightmove survey. 


 
Traders Brace for Haywire Markets Around Presidential Election

The presidential election is three months away, but some traders are preparing for the possibility that prolonged political uncertainty will stoke stock-market mayhem.