Trump, Biden Clash Over Covid, Ethics in Calmer Presidential Debate

The candidates offered starkly differing views of the U.S. coronavirus response, traded accusations about personal ethics and questioned each other's records on economic and racial-justice issues in the final debate before the election. 


 
Negotiators Defend Continuing Talks on Coronavirus-Aid Deal

The nearly $2 trillion package under discussion faces resistance in the GOP-controlled Senate, in addition to the timeline posed by the Nov. 3 elections. 


 
U.S. Stocks Close Higher as Investors Eye Stimulus Talks

Shares rose as economic data showed an improving economy and investors monitored negotiations in Washington over a fresh stimulus bill that could further support the recovery. 


 
New U.S. Coronavirus Cases Surpass 60,000 for Second Day

The more than 62,000 new infections bring the total number reported in the U.S. to 8.34 million. More than 222,000 people have died in the country. 


 
U.S. Home Sales Rise to New 14-Year High

Sales of previously owned homes rose 9.4% in September, bolstered by robust demand and a shortage of homes for sale that is making the housing market one of the brightest spots for the U.S. economy. 


 
Wall Street Profits Soar During First Half of 2020

Wall Street profits jumped 82% in the first half of this year, a rare bright spot for the city and state's pandemic-ravaged budgets. 


 
Jobless Claims for Month So Far Fell to Lowest Levels Since March

Filings for jobless benefits fell to 787,000 last week, a sign of a pickup in the labor market. The report includes revisions from California that reduced the number of claims in October, with claims for the week ended Oct. 3-767,000-marking the lowest since mid-March. 


 
China Economic Rebound Pushes Copper Prices to Multiyear High

The industrial metal, seen as a proxy for global growth, has surged on stronger demand and anticipation that the world's transition to electric vehicles will drive further consumption. 


 
Pandemic Boom Stocks Don't Have Earnings to Support Them

Much of the value of the winners of the pandemic stock market like Apple, Alphabet and Twitter lies in the hope of earnings many years in the future. But that means they are more exposed to the unexpected threats that will emerge given more time. 


 
U.K. Consumer Confidence Sinks

Consumer sentiment in the U.K. tumbled in October, erasing gains from the last four months, following the rise of coronavirus infections across the country and renewed restrictions to contain them.

(END) Dow Jones Newswires

10-23-20 0315ET