The U.S. bank sector has been pummeled this year but investors hunting for bargains there may need deep reserves of patience as banks are particularly sensitive to low interest rates, the uneven economic recovery and the muddy stimulus outlook.
After U.S. Q2 results beat expectations, Q3 will show whether dire forecasts for companies' bottom lines were justified.
Wall Street banks are on track for a record year of revenue from trading U.S. government-backed mortgage debt, industry sources told Reuters, amid a surge in demand - from the Federal Reserve in its battle against the pandemic, and from investors hunting yield.
The debate between Democratic presidential candidate Joe Biden and President Donald Trump, marred by frequent interruptions and name-calling, did little to enlighten the electorate. But it was enough to turn the consensus on Wall Street toward Biden.
For those worried about the dominance of global technology titans in their stock portfolios, recent antitrust actions may seem like the perfect moment to cut and run.
Chicago corn and soybean futures have responded positively the last three times that the U.S. Department of Agriculture published a major report, something that the very plentiful bulls would enjoy should this happen again on Friday.
Brother and sister Juan and Dolores Balsa applied for emergency state loans in April to keep their funfair business in the northern Spanish city of Coruna afloat despite having to shut because of the pandemic.
Excess petroleum inventories are being absorbed as lower prices compel U.S. shale producers and the members of OPEC+ to limit their output, confirming the market is on course to rebalance in 2021.
World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and consumer habits.
India's coal imports, depressed by the impact of coronavirus this year, regained ground in September, but in an uneven uptick - shipments rose for higher-grade coking and thermal grades, but slid for lower-rank fuel used mainly in power plants.
The dollar fell to three-week lows on Friday on optimism that a deal for new U.S. stimulus would be reached, and as investors bet that Democrat Joe Biden is more likely to win the U.S. presidency and offer a larger economic package.