NewsWatch: This ‘Nasdaq whale’ may have helped trigger the stock-market’s brutal rout

NewsWatch: This ‘Nasdaq whale’ may have helped trigger the stock-market’s brutal rout

7 Sep    Finance News

The trigger for a seismic stock-market slump Thursday and Friday that has erased weeks of gains for a frothy U.S. stock market, may have been embattled investment firm SoftBank, according to a report by Financial Times (paywall). See full story.

Another coronavirus aid package is probably ‘not happening’ after August jobs report and deal to avoid government shutdown, analyst says

Friday’s jobs report makes it more likely that Washington won’t deliver another big coronavirus aid package, according to some analysts. An agreement to avoid a federal government shutdown also may hurt the chances for a deal on aid. See full story.

AstraZeneca vaccine ‘most likely’ to roll out in the U.K. early next year

The U.K. recorded 2,988 new coronavirus cases on Sunday, its highest number since May 23. See full story.

Virology experts say the key is keeping Spain’s hospitals from becoming overwhelmed by COVID-19 this time

How Spain pulls itself out of the coronavirus second wave may be a blueprint for other nations and cities to follow. See full story.

European stocks rally, diverging from U.S. tech slump

European stocks advanced on Monday, diverging from the U.S. after a rough week in markets. See full story.


Two papers presented at the European Respiratory Society International Congress on Monday examined patients who were suffering health aftereffects of coronavirus. See full story.

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