Gold futures were headed lower Tuesday as investors turned to U.S. dollars with global stocks sinking amid concerns about lofty valuations for highflying, technology-related stocks which had led the rally in equities amid the COVID-19 pandemic. Gold has come under pressure as “the dollar wrestles [to] break its downtrend and …
Read More »Dispatches from a Pandemic: Spain virologists say the country’s second virus wave holds a valuable lesson for the rest of the world
MADRID — Just days away from the start of a new school year, Spain’s capital city rolled out fresh restrictions on Monday to cope with what’s becoming a relentless second wave of cases. But those measures — strict controls on the distance between seats rather than tables in food-service settings, …
Read More »NewsWatch: This ‘Nasdaq whale’ may have helped trigger the stock-market’s brutal rout
MARKETWATCH FRONT PAGE The trigger for a seismic stock-market slump Thursday and Friday that has erased weeks of gains for a frothy U.S. stock market, may have been embattled investment firm SoftBank, according to a report by Financial Times (paywall). See full story. Another coronavirus aid package is probably ‘not …
Read More »As schools reopen, scientists say some children could spread COVID-19 even if they already have the antibodies
As schools and colleges reopen across the country, scientists say social distancing remains a critical public-health response to COVID-19. New research released Thursday sheds more light on children who test positive for COVID-19, and the contagiousness of coronavirus. Children often remain asymptomatic or display very few symptoms, and the research …
Read More »Asia Markets: Asian markets mixed as China export data offsets impact of Wall Street’s retreat
Asian markets were mixed in early trading Monday, following a sharp selloff on Wall Street last week. Japan’s Nikkei 225 NIK, -0.49% dipped 0.3% while Hong Kong’s Hang Seng index HSI, -0.43% gained 0.1%. The Shanghai Composite SHCOMP, -1.87% declined 0.2% while the smaller-cap Shenzhen Composite 399106, -2.21% retreated 0.2%. …
Read More »The Wall Street Journal: Amazon bans sales of foreign plant seeds to U.S. amid mystery mailings
Amazon.com Inc. is barring foreign sales of seeds into the U.S. after thousands of suspicious packets, many postmarked from China, arrived at households around the world this summer. The move by Amazon comes as the mystery seeds led U.S. officials to raise alarms about the ease with which seed sales …
Read More »The Margin: Trump appears to call for harassment of Steve Jobs’s widow in wake of contentious Atlantic article
Social-media reaction came swiftly as President Donald Trump called out Apple co-founder Steve Jobs’s widow, Laurene Powell Jobs, as a financial backer of the Atlantic magazine, appearing AAPL, +0.06% to suggest in a tweet posted early Sunday that his supporters embark on a harassment campaign against her. The Atlantic, which …
Read More »Market Extra: Here’s why the Dow plunged last week and what’s ahead for the stock market
A bout of volatility returned to financial markets with a vengeance last week, disrupting a nearly uninterrupted climb to records for U.S. stock indexes and raising questions about the path for Wall Street headed into a hornet’s nest of challenges for investors. Perhaps, the overarching question is, “What the heck …
Read More »Top Ten: Weekend reads: An early warning sign for Tesla’s stock
The tech-heavy Nasdaq Composite Index, after a long and steady rally this year, suffered its biggest two-day loss since mid-March to close out the week. Before those declines, there were warning signs from Wall Street analysts who ordinarily shy away from rating any stock a “sell.” Shares of Tesla TSLA, …
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