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MarketWatch Breaking NewsAug 10, 2020
Coronavirus update: U.S. cases top 5 million, making up 25% of global total
Coronavirus update: U.S. cases top 5 million, making up 25% of global total

MarketWatchAug 10, 2020
Market Snapshot: Dow, S&P 500 book 7th straight day of gains, Nasdaq ends lower as high-flying tech stocks take a breather
Stock-market benchmarks finished mostly higher on Monday as investors monitored signs that a long-awaited rotation on Wall Street into more economically sensitive cyclical stocks could be brewing, but at the expense of their highflying counterparts.

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Dow, S&P 500 book 7th straight day of gains, Nasdaq ends lower as high-flying tech stocks take a breather - MarketWatch (Google Business News)

MarketWatchAug 10, 2020
Dispatches from a Pandemic: ‘It should have been mandatory from the beginning': Ireland says people must wear masks in stores to stop COVID-19 — but why did it take so long?
Ireland has also recorded one of the highest rates of COVID-related nursing-home deaths in the world, according to a report released in June.

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After 150 days of the COVID-19 pandemic, here are the best- and worst-performing stocks - MarketWatch (Google Market News)

MarketWatchAug 10, 2020
NewsWatch: Here's what Trump's payroll tax deferral could mean for your paycheck
The president's executive order deferred, but didn't forgive, an employee's Social Security tax liabilities.

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Here's what Trump's payroll tax deferral could mean for your paycheck (MarketWatch)
Key Words: Paul Krugman: Trump's payroll tax cut is ‘the hydroxychloroquine of economic policy' (MarketWatch)

MarketWatchAug 10, 2020
: After Trump actions on unemployment aid, stimulus negotiators can only talk about a lack of relief talks
In the wake of President Trump's actions over the weekend to make an end run around Congress and provide unemployment aid and other relief through presidential memorandums and an executive order, dueling television interviews Monday from Senate Democratic Leader Chuck Schumer and Treasury Secretary Steven Mnuchin gave little reason to think there was much movement on a plan.

MarketWatch MarketPulseAug 10, 2020
Dow ends over 350 points higher as tech stocks take a breather
The Dow Jones Industrial Average jumped Monday, as shares of previously beaten down or lagging cyclical sectors saw renewed investor interest at the expense of highflying tech shares. Investors were also assessing the outlook for coronavirus aid after President Donald Trump signed executive orders over the weekend that would extend a number of measures. The Dow rose around 358 points, or 1.3%, to close near 27,792, according to preliminary figures, while the S&P 500 gained around 9 points, or 0.3%, to finish near 3,361. The tech-heavy Nasdaq Composite fell by around 43 points, or 0.4%, ending near 10,968.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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The Dow gained 360 points, but the Nasdaq fell in mixed Monday stock trading (MarketWatch Breaking News)

MarketWatch MarketPulseAug 10, 2020
Nautilus shares jump 12% following record quarter amid at-home fitness trend
Nautilus Inc. shares were up 12% in after-hours trading Monday after the fitness-equipment maker reported fiscal second-quarter revenue that elevated well past Wall Street estimates, pushing the company's stock to its highest price in nearly two years. Nautilus reported a net loss of $5.1 million, or 17 cents per diluted share, compared with a loss of $78.9 million, or $2.66 per diluted share, in the year-ago quarter. Revenue jumped 94% to $114.2 million from $59 million a year ago. "While we benefited from the COVID-19 at-home fitness trend, our team's agility and strong execution were essential to our outstanding results," Nautilus Chief Executive Jim Barr said in a statement. "We dramatically improved the flow of inventory in our supply chain by increasing factory capacity for our leading products by as much as 500%." Analysts surveyed by FactSet had expected a loss of 10 cents a share on revenue of $68.7 million. Nautilus shares are up 606% this year. The broader S&P 500 index has improved 4% in 2020.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchAug 10, 2020
Metals Stocks: Gold ends higher as China-U.S. tensions seen escalating; Silver rallies over 6%
Gold futures on Monday settle higher, resuming a strong uptrend for the precious metal after snapping a five-session win streak on Friday, as China imposed fresh sanctions against U.S. officials in apparent retaliation for similar measures against Hong Kong and mainland officials last week.

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Gold prices end higher Monday as China-U.S. conflict and superlow rates buoy bullion (MarketWatch MarketPulse)

MarketWatchAug 10, 2020
Retire Better: Trump's election year gamble: Messing with Social Security and Medicare
These entitlements are critical safety nets for tens of millions of Americans

MarketWatchAug 10, 2020
FedEx, UPS stocks surge to power Dow transports to 9th-straight gain
Shares of FedEx Corp. and United Parcel Service Inc. surged Monday, to provide a more-than 100-point boost to the Dow Jones Transportation Average, amid bullish analyst comments on the package delivery giants given signs of increasing e-commerce volumes.

MarketWatch MarketPulseAug 10, 2020
Stocks open higher with Trump executive orders on coronavirus aid in focus
U.S. stock benchmarks opened modestly higher Monday as investors weighed the prospects of slowing fiscal aid for an economy whacked by the coronavirus. The Dow Jones Industrial Average added about 107 points, 0.4%, to open near 27,540, the S&P 500 rose 7 points or 0.2% to open near 3,358, and the Nasdaq Composite touched 11,034 at the start of trading, adding about 23 points or 0.2%. Stocks closed mostly higher Friday even though congressional talks on extending virus aid broke down. Investors must now consider the unilateral actions taken by President Donald Trump over the weekend, which some analysts say are likely to be both illegal and ineffective but could prompt a fresh round of congressional negotiations. Travel companies like Marriott International Inc. and Royal Caribbean Cruises Ltd. were mixed in early morning trade after reporting wider-than-expected losses Monday.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchAug 10, 2020
Europe Markets: European stocks and Dow futures rise after Trump unilaterally extends jobless benefits
European stocks rose on Monday, buoyed by a move from U.S. President Donald Trump to unilaterally extend jobless benefits in the world's top economy.

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Global markets climb after Trump extends jobless benefits via executive orders (MarketWatch Breaking News)
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