Dow, S&P 500 Slide After Big Selloff

Rising Covid-19 infection levels around the world are compounding worries about the global economic outlook. 


 
Proposal Would Broaden Transactions Recorded Under Anti-Money-Laundering Rule

A proposed anti-money-laundering rule change would lower the threshold for when information on senders and receivers of international financial transfers is collected and passed along to other financial institution. 


 
WTO Is Poised to Pick First Female Leader

The World Trade Organization is set to pick its first female leader in coming days, offering a fresh start to a body weakened by fights between the U.S. and China at a time of global economic crisis. 


 
Trump Weighs Executive Order to Show Support for Fracking

President Trump is considering issuing an executive order mandating an economic analysis of fracking, according to senior administration officials, who say the initiative is aimed at highlighting his support for the energy industry in battleground states. 


 
U.S. Election Adds to Turkish Lira's Bumpy Ride

Traders already wary of Turkish assets are concerned that a victory for Joe Biden in the U.S. presidential election could increase the chance of sanctions against Turkey. 


 
France Emerges as Covid-19 Epicenter as Cases Surge Across Europe

French hospitals are bracing for a surge of new patients and the government is weighing new restrictions as the country emerges as the epicenter of the second wave of coronavirus infections now sweeping much of Europe. 


 
New U.S. Coronavirus Cases Near 70,000

Two key Covid-19 metrics have been rising in the U.S. for days, and in some cases weeks, pointing to a fresh surge in infections in a majority of states. 


 
U.S. Home-Price Growth Accelerated in August

The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 5.7% in the year that ended in August. 


 
Durable-Goods Orders Rise for Fifth Consecutive Month

Orders for long-lasting factory goods increased in September, the latest sign manufacturing companies are rebounding from supply-chain disruptions and shutdowns related to the coronavirus pandemic. 


 
SEC Corporation Finance Director William Hinman Plans to Step Down This Year

The exit is part of the usual wave of departures from federal regulatory agencies at the end of a presidential term.

(END) Dow Jones Newswires

10-27-20 2115ET