BY THE NUMBERS Stock futures signaled a higher open after Monday’s wild trading session that saw rallies in major indexes evaporate. Dow futures implied an initial gain of approximately 30 points, while S&P 500 and Nasdaq futures were also green. (CNBC) * Treasury withdraws when coronavirus increases vaccine optimism (CNBC) …
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European stocks fell back on Tuesday when a surge in coronavirus cases began to weigh on global market sentiment. The pan-European Stoxx 600 fell 1.1% in the early afternoon, with tech stocks losing 3.1% to lead losses, while telecommunications resisted the trend of adding 1.2%. European markets follow their global …
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Diageo will launch “100% plastic free” bottles of Johnnie Walker starting next year, the latest example of a major beverage maker trying to move towards more sustainable packaging ways. In a statement on Monday, the British firm said the bottle would be paper-based and “made entirely of wood of sustainable …
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Charles Scharf Michael Nagle | Bloomberg | fake pictures Wells Fargo released its first quarterly loss since the financial crisis on Tuesday, as the bank set aside $ 8.4 billion in reserves for credit losses linked to the coronavirus pandemic. The bank had a net loss of $ 2.4 billion …
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Pedestrians pass by a Citibank branch in Washington, DC Andrew Harrer | Bloomberg | fake pictures Citigroup reported second-quarter results on Tuesday that beat analysts’ expectations thanks in part to a massive surge in business revenue that helped offset a slowdown in the company’s consumer banking business. This is how …
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