Stock Futures Point to Acceleration in S&P 500's Losses
Futures tied to the S&P 500 slid, signaling that the gauge's recent losses may accelerate after the opening bell. The index ended last week more than 7% off its Sept. 2 high.
Crude Prices Fall as Libya Ramps Up Production
Oil prices dropped on fears that some of Libya's long-blockaded crude would return to the market, adding to the global glut.
Europe's Sluggish IPO Market Shows Signs of Life
The market for initial public offerings in Europe showed signs of life last week, raising hopes among growth-hungry investors that other tech companies could soon follow suit.
Norway Says Oil Fund Should Invest More in North America
Norway's Ministry of Finance said that the country's trillion-dollar sovereign-wealth fund should invest more in North American assets and less in Europe, to take advantage of better value creation.
Department Stores, This Is No Time for Grave Dancing
Taking market share from an already declining business model is futile. It will take a lot more for department stores to profit from competitors' losses.
Easy Diamond Trading Set to Be Available for First Time
A startup, Diamond Standard Co., aims to open the diamond market to investors through standardized coins containing a carefully selected sample of the precious stones.
Americans Want Homes, but There Have Rarely Been Fewer for Sale
Buyers are rushing to get more living space as the pandemic continues. But many potential sellers are keeping their homes off the market, resulting in the worst drought on record of previously owned homes for sale.
Bonds Tied to Hotels, Retail Properties Struggle to Recover
Some sectors of the commercial mortgage-backed-securities market have struggled to recover as the pandemic's effects linger.
Fresh Surge in U.S. Covid-19 Cases Is Feared as Death Toll Nears 200,000
The U.S. reported 39,844 new coronavirus cases Sunday and was closing in on 200,000 deaths, amid fears that the country was heading for a new wave of infections.
Wall Street-Backed Exchange to Launch as Rival to NYSE, Nasdaq
A new exchange backed by Wall Street banks, electronic-trading firms and asset-management giant BlackRock is set to launch, introducing a new, low-cost competitor to the New York Stock Exchange and Nasdaq.