Europe's Economy Set to Contract Again as Lockdowns Bite

The European economy appears set for a fresh contraction in the final quarter of 2020, as business surveys indicate that lockdowns aimed at containing the coronavirus have led to a sharp decline in activity in the dominant services sector. 


 
Stock Futures Advance on Vaccine Results

Results from the University of Oxford and AstraZeneca added to optimism that vaccines will allow beaten-down sectors of the economy to recover in 2021. 


 
Bitcoin Trades Near Record, Finds New Audience

The cryptocurrency has attracted a broad array of investors, including the Wall Street billionaires Paul Tudor Jones and Stanley Druckenmiller as well as sports radio host Gregg Giannotti. 


 
Vaccines Won't Save Eurozone From Double-Dip Recession

Positive clinical-trial results have cheered markets, but the economy faces a tough winter ahead before a shot becomes widely available 


 
Derby's Take: Treasury Move on Emergency Lending Unsettles Stimulus Debate

The Treasury Department's surprise move to end emergency-lending efforts done jointly with the Federal Reserve has rattled an already uncertain outlook for what the central bank might do to help the economy. 


 
Trump's China Blacklist Sparks Reviews at Index Compilers

FTSE Russell, JPMorgan Chase and MSCI are rethinking their stance on securities from companies that the U.S. government says help the Chinese military. 


 
AstraZeneca, Oxford Vaccine Up to 90% Effective in Trials

The Covid-19 vaccine being developed by the University of Oxford and AstraZeneca was found to be as much as 90% effective in preventing infections without serious side effects in a large clinical trial. 


 
China Vows to Investigate Bond-Market Misconduct

A body that groups together China's central bank and other top financial regulators and that is chaired by Vice Premier Liu He issued the warning after a series of defaults by state-backed groups unsettled investors. 


 
G-20 Leaders Vow to Cooperate as Coronavirus Cases Surge in the U.S., Europe

Leaders of the group of 20 major economies pledged to spare no effort to combat the virus and its effects and said Covid-19 vaccination should be extensive, affordable and accessible. 


 
U.S. Hospitalization Count Sets 13th Straight Daily Record

The U.S. reported 142,732 new cases of coronavirus and registered a record number of hospitalizations for the 13th straight day.

(END) Dow Jones Newswires

11-23-20 0715ET