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Stock Futures Signal Higher Asia Open; Pound Dips: Markets Wrap

(Bloomberg) — Stocks will look to rebound from a tech-induced sell-off in Asia as traders brace for a crucial week that could set the tone for the remainder of the year, with the U.S. election and a Federal Reserve policy meeting.Equity futures in Japan and Australia ended Friday higher, indicating the Asia-Pacific region can start November on the front foot following two months of losses for global equities. The pound slipped as increased restrictions in England aimed at controlling the coronavirus overshadowed signs of progress on Brexit. Traders will later watch the release of data on Chinese manufacturing for any …read more […]

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Biden Ahead 10% Nationally, But Lead Narrows in Key States, Poll Shows

A new WSJ/NBC News poll finds former Vice President Joe Biden leading President Trump 52% to 42% among registered voters. But as WSJ’s Gerald F. Seib highlights, results show the race is tightening in 12 battleground states. Photo: (L) Scott Hasse/Zuma Wire; (R) Brian Snyder/Reuters …read more […]

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Wells Fargo: 3 Stocks to Snap up Now

Wall Street hit some rough waters last week. With the Presidential elections only two days away, spiking COVID-19 numbers and hopes for a pre-election stimulus package dwindling, stocks posted their worst week since the height of the pandemic in March. All three of the major U.S. stock indexes also reported a second consecutive monthly decline. According to the pros on Wall Street, uncertainty is ruling the markets. That said, some strategists point to this month’s Federal Open Market Committee meeting, which will take place on November 4-5, as potentially helping to reassure investors. Should more liquidity be provided, stocks …read more […]

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Barron's Picks And Pans: AT&T, GE, Zynga And More

* This weekend’s Barron’s examines why the merger frenzy among chipmakers has not impressed investors. * Other featured articles discuss stock picks for any presidential outcome, how health insurers perform after elections, and the good, bad and odd of big tech earnings. * Also, the prospects for a game developer, an industrial, telecom giant and more. “Chip Firms Bulk Up, and Investors Balk” by Max A. Cherney suggests that, while Advanced Micro Devices Inc. (NASDAQ: AMD) CEO Lisa Su says, “The more scale you have, the more you can do for your customers,” for investors, the picture …read more […]