Stocks Fall Amid Skepticism Over Stimulus Talks

As top Democrats and Trump administration officials negotiated, investors' hopes dwindled for a fresh aid package before the election. 


 
Top Fed Official Says Policy Response Could Speed Faster Recovery

Richard Clarida, the central bank's No. 2 official, says easy monetary policy and more government spending will be needed. 


 
Glitch Disrupts Trading on Major European Exchanges

A technical problem halted trading on exchanges owned by Euronext, hitting activity at one of the busiest times of the year for European stock markets. 


 
China Acceleration May Not Rescue World From Virus Slowdown

Hopes are rising that China can pull the globe out of its coronavirus-induced funk, much as it did during the global financial crisis more than a decade ago-but economists offer a long list of reasons to be skeptical. 


 
Investors Don't Believe What They Are Seeing on Wall Street

Shares of Wall Street banks, notably Goldman Sachs, don't reflect solid recent performance. Investors may be too focused on the past. 


 
New U.S. Coronavirus Cases Fall Below 50,000 for First Time in Six Days

New U.S. coronavirus infections were the lowest in nearly a week, though moving averages suggested the spread is picking up steam as deaths approached 220,000. 


 
Fed Takes Cautious Approach to Possibly Issuing Digital Currency

The Federal Reserve is in no hurry to issue a digital currency, Chairman Jerome Powell said, citing unresolved concerns including the potential for theft and fraud. 


 
Bank of Canada Survey Finds Business Sentiment Has Improved

Business sentiment in Canada improved in recent months as economic activity resumed, but the overall outlook remained relatively weak at the end of the summer, a Bank of Canada survey found. 


 
Household Access to Banks Has Improved, FDIC Says

The proportion of U.S. households lacking a checking or savings account fell to 5.4% in 2019 from 6.5% in 2017 but could be driven up again by the coronavirus pandemic. 


 
China Adds New Export Restrictions in Latest Trade-Dispute Move

The new law will allow China to ban exports to protect national security, adding a versatile weapon to Beijing's arsenal as it fights a war over trade and technology with the U.S.

(END) Dow Jones Newswires

10-19-20 1715ET