TOP MARKETS NEWS: Week 09/28 – 10/04

Weekend 10/03 & 10/04

Donald Trump’s coronavirus infection highlights gaps in 25th Amendment, raising questions of succession – scmp
Pelosi: ‘We’re making progress’ on coronavirus relief bill – thehill
Hawaii Food Bank Sees “Stunning” Increase In Meals Served – Zerohedge
“Skinny” Or “Supersized”: What Happens To The Treasury Market When The Next Stimulus Bill Passes – Zerohedge
JPMorgan: “A Trump Win Would Constitute A Big Surprise For Markets” – Zerohedge
McConnell Announces Senate Floor Activity Postponed Until October 19; SCOTUS Confirmation Hearings To Proceed As Scheduled – Zerohedge
SoFi Just Launched An ETF That Pays A Dividend Every Week – Zerohedge

Friday 10/02

Global markets retreat after Trump tests positive for Covid-19 – business live – guardian

Dow Cuts Some Losses as Airlines Rise After Pelosi Talks Up Stimulus Progress – investing
Traders say the Softbank ‘whale’ may be back as options activity spikes for Big Tech stocks – cnbc
Tesla sets sales record, yet it’s stuck with factory overcapacity – latimes
Jobs report shows fewer hires as recovery loses momentum – CNBC
US Factory Orders Disappoint In August – Zerohedge
Tesla Shares Slip Despite Company Reporting Record Deliveries In Q3 – Zerohedge
Euro zone inflation at a four-year low, raising pressure on ECB – Reuters
What Trump’s coronavirus diagnosis could mean for markets – cnbc

 

Thursday 10/01

Business Live – guardian
Stocks making the biggest moves in the premarket – cnbc

Trump and the GOP are using Kyle Rittenhouse in last-ditch 2020 voter strategy – nbcnews
PepsiCo sees strong annual profit as snacks, sodas thrive in pandemic – Reuters
Big U.S. banks to report profit plunge as pandemic recession takes hold – Reuters
Pound volatile amid speculation over U.K.-European Union trade deal will be reached – Marketwatch
Recovery in German manufacturing picks up pace in September: PMI – Reuters
White House stimulus proposal goes over $1.5 trillion with $20 billion for airlines – Reuters
Tokyo Stock Exchange suspends day’s trade after worst-ever system glitch – Reuters
EMERGING MARKETS-Asia stocks, currencies rise on U.S. stimulus hopes – Reuters

Wednesday 09/30

Business Live – guardian
First 2020 presidential debate – CNN
Stocks making the biggest moves in the premarket: Disney, Micron, Dow Inc., GM & more – cnbc

Fed extends ban on share buybacks at big banks through Q4 – yahoofinance
What history says tends to happen after the U.S. stock market logs ugly September losses – Marketwatch
Bayer to Cut Costs and Weigh Asset Sales as Covid Hits Farming – Reuters
Dow rebounds more than 300 points on stimulus hope to end first losing month since March – cnbc
U.S. presidential debate reinforces election fears in options markets – Reuters
Stocks Slide After McConnell Says “Very, Very Far Apart” On Stimulus Bill – Zerohedge
Asana and Palantir begin trading well above reference prices in dual direct listings – Marketwatch
Democratic Sweep Will Unleash New $7 Trillion Fiscal Stimulus – Zerohedge
Opinion: Why Biden is better for the economy than Trump – Marketwatch
Joe Biden said the economic recovery is ‘K-shaped.’ Here’s what that means – CNN
“Contested Election” It Is: Here Is How To Trade It – Zerohedge

Final Q2 GDP Revision Shows US Economy Shrank -31.4% – Zerohedge
‘Leaked’ Data Signals Massive Rebound In Chicago PMI – Zerohedge
ADP Employment Beats Expectations – Zerohedge
Markets Rattled Post Debate – bk
Continental board signs off on cutting or shifting 30,000 jobs – autonews
Continental to cut more than 30,000 jobs worldwide – Marketwatch
Mortgage demand falls nearly 5%, even as interest rates set another record low – cnbc
SNB Interventions Soared to $98 Billion as Virus Roiled Markets – Bloomberg
China’s SMIC stockpiles chip equipment to counter US restrictions – asianikkei
As Debt Repayments Loom, China Developers Head Back to the Trough – caixin
Shell to cut up to 9,000 jobs as oil demand slumps – bbc
China data lifts Asian stocks but caution returns after chaotic debate – Reuters
China’ factory activity grows sharply in September – Marketwatch

Tuesday 09/29

Business Live – guardian
5 things to know before the stock market opens Tuesday – cnbc
Coronavirus live updates: New infections rise in more U.S. states; meatpackers deny workers compensation for virus – cnbc

Trump’s debate antics leave many viewers disgusted – Marketwatch
Disney to layoff 28,000 employees as coronavirus slams its theme park business – cnbc
Micron nearly doubles earnings on strong memory demand – Marketwatch
It’s Time To Buy Value: Here Are Bank of America’s 29 Favorite Value Stocks – Zerohedge
Gold Futures Jump Back To $1900 As Real Yields Tumble – Zerohedge
Democrats’ new $2.2 trillion bill includes a second round of $1,200 stimulus checks – cnbc
Bad News Piles Up For ECB As Deflation In Germany Hits Five Year High – Zerohedge
Tencent to take China’s Sogou private in $3.5 billion deal – Reuters
U.S. retail bankruptcies, store closures hit record in first half – wsj
Fed Study Shows The ECB Made A Huge Mistake With Negative Rates – Zerohedge
Target to host Deal Days shopping event during Amazon Prime Day – Marketwatch
Nio could be the ‘next iconic auto brand,’ says Deutsche Bank – cnbc
Toyota’s annual global electrified vehicles sales could reach 5.5 million by 2025 – executive – Reuters
East Asia poverty could rise for first time in 20 years due to the pandemic, World Bank says – cnbc
Asian markets push higher after U.S. bounce – Reuters

 

 

Monday 09/28

Markets rally after China’s industrial profits jump – business live – guardian
US election debates schedule: What time are Donald Trump and Joe Biden going head-to-head tomorrow night? – telegraph
Stocks making the biggest moves midday: Snap, Devon Energy, Virgin Galactic, UPS, Chevron & more – cnbc

U.S. House COVID-19 aid proposal gives airlines bailout hope, but chances slim – Reuters
Dollar Retreats as Dow Jumps 500 Points – bk
Medical historian compare – cnbc
Here’s how the stock market tends to perform after the first presidential debates – Marketwatch
Elon Musk: Tesla may be overvalued today, but I think it’ll be worth more in 5 years – cnbc
Virgin Galactic jumps over 20% as Street continues to recommend the space tourism company – cnbc
US: Election fever – nordea
Biden basket vs Trump trade: Picking a presidential stock portfolio – Reuters
Global Markets: Asian shares buoyed by China optimism, markets eye U.S. presidential debate – Reuters
Nikola Reportedly Bought Its “One” Semi Design From A Third Party After Claiming It Was Made In House – Zerohedge
Siemens Energy shares slump on Frankfurt debut – ft
HSBC shares post biggest intraday rise in a decade after biggest shareholder Ping An increases stake in lender – scmp
Japan stocks track Wall St higher; ex-dividend stocks in demand – Reuters
Key Events This Week: Payrolls, PMIs And Presidential Debate – Zerohedge
Japanese chipmaker Kioxia shelves $3.2 billion IPO amid U.S.-China tensions – Reuters
U.S. sanctions on chipmaker SMIC hit at the very heart of China’s tech ambitions – CNBC
Judge blocks Trump administration’s ban against TikTok from going into effect – ap