Stocks Drop as Dow Has Its Worst Week, Month Since March

Major U.S. stock indexes slumped, as a sharp selloff in Twitter and Apple shares followed disappointing results. 


 
Fed Again Eases Terms for Main Street Lending Program

The Federal Reserve announced its latest round of changes to boost participation in its $600 billion lending effort targeting small and midsize businesses. 


 
Supply-Chain Delays Hit Retailer Restocking Efforts

Supply-chain bottlenecks as a crush of imports heads into U.S. seaports are pinching retailers' efforts to stock up as consumers pick up their spending. 


 
U.S. Oil-Rig Count Rises by 10 in Latest Week, Baker Hughes Says

The number of rigs drilling for oil in the U.S. rose by 10 in the latest week to 221, according to oil-field services firm Baker Hughes. 


 
U.S. Household Spending Rose 1.4% in September

U.S. households boosted spending last month as incomes rose, another sign the economy continued recovering into the fall from damage inflicted by the pandemic. 


 
Taiwan Shrugs Off Pandemic to Deliver Surprise Growth

Successful Covid-19 controls are helping factories feed surging demand for exports in third quarter, while consumers are starting to spend again. 


 
Mexican Economy Rebounded in Third Quarter

The recovery in industry was helped by external demand for Mexican-made goods. 


 
Gold, Bonds Failed to Protect Investors Amid Stock-Market Swoon

Investors found few places to shelter when stocks tumbled this week, illustrating the limitations of traditional havens following a run-up in prices across markets. 


 
CDC to Allow Cruise Trips After Ban Expires

Federal health officials are lifting their ban on cruise sailings in U.S. waters this weekend, allowing the industry to prepare to restart voyages as coronavirus cases surge around the world. 


 
Eurozone Economy Soars but France and Germany's Lockdowns Cast Covid-19 Shadow

The eurozone economy grew at a record pace in the third quarter, but has already stalled in the face of a resurgence of coronavirus infections and tough new restrictions, leaving Europe lagging behind the U.S.

(END) Dow Jones Newswires

10-30-20 1915ET