Although the final U.S. election tally isn’t in yet, it looks like a poor result for pot stocks. Read More WSJ.com: Markets...
Nintendo’s hit game “Animal Crossing” and popular Switch console drove strong results in the latest quarter and the coming holiday season will give it another boost. Read More WSJ.com: Markets...
The S&P 500 is on track for its biggest one-week gain since early April as investors cheer the implications of a split Congress for regulations and taxes. Read More WSJ.com: Markets...
Investors poured money at a record clip into funds that track buzzy themes such as cybersecurity, green energy and health technology, hoping to profit on ways Covid-19 will upend the economy. Read More WSJ.com: Markets...
The election-induced drop in Treasury yields rippled overseas, dragging down borrowing costs in Europe as investors wrote off hopes that a big U.S. spending package could give the global economy a jolt. Read More WSJ.com: Markets...
Lower-than-expected withdrawal rates from 401(k) accounts were due mainly to workforce inequalities, economists say. About a third of private-sector workers don’t have access to a workplace retirement-savings plan. Read More WSJ.com: Markets...
A Japanese bank serving a system of cooperatives for farmers and fishermen has sought higher returns in the form of risky U.S. corporate loans. That meant trouble when Hertz filed for bankruptcy earlier this year. Read More WSJ.com: Markets...
European banks have reported better-than-expected results, but it is unclear if the progress can continue as France, Germany and other nations lock down to stem soaring coronavirus rates. Read More WSJ.com: Markets...
International markets advanced, tracking a U.S. rally, as investors positioned for a potentially divided U.S. government, with a Democratic president and a Republican Senate. Read More WSJ.com: Markets...
Allstate’s net income rose 27% to $1.13 billion, while MetLife’s net income declined 71% to $633 million. Read More WSJ.com: Markets...