 | | | | Global equities declined on Monday as record daily coronavirus infections in Europe sparked fears of more severe lockdown restrictions while U.S. investors stayed on the sidelines ahead of corporate earnings season. | | | | | | Wall Street's main indexes closed lower on Monday as Washington lawmakers still appeared to struggle to reach an agreement on coronavirus stimulus ahead of a Tuesday deadline that would make a relief package possible ahead of the Nov. 3 elections. | | | | | | International Business Machines Corp edged past Wall Street estimates for quarterly revenue on Monday, bolstered by higher demand for its cloud computing services from companies speeding up their digital shift due to the coronavirus pandemic. | | | | | | AMC Entertainment Holdings Inc , the world's largest theater chain, said on Monday it plans to open more cinemas in the United States this week, offering some hope to an industry hammered by pandemic restrictions and sending its shares up 24%. | | | | | | Investors are once again chasing upside in shares of tech companies after a sharp sell-off in U.S. equities last month. | | | | | | Unions representing over 10,000 Disney theme park workers have told California Governor Gavin Newsom that the Disneyland Resort in Anaheim, California, can safely reopen when its location moves into the state's "orange tier" of COVID-19 test positivity and adjusted case rate. | | | | | | Oil edged lower on Monday, weighed by concerns over surging coronavirus cases globally and by Libya's plan to boost output, but hopes for a U.S. fiscal package lent some support. | | | | | | BMW on Monday said rebounding markets helped the German carmaker to deliver higher-than-expected free cash flow in the automotive segment during the third quarter. | | | | | | Verizon said on Monday it has struck deals with Microsoft and Nokia to improve the telecoms giant's ability to target business customers by offering clients the ability to automate factory floors, lower costs and speed up data traffic through private 5G networks. | | | | | | It will be a while before the U.S. economy is fully recovered and before the Federal Reserve will raise interest rates or remove the support it is providing financial markets, Atlanta Federal Reserve Bank President Raphael Bostic said on Monday. | | | | | |
