NewsWatch: Dow, S&P 500 rise and Nasdaq hits record to kick off August as stalled stimulus talks come in focus

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MARKETWATCH FRONT PAGE

U.S. stocks on Monday traded modestly higher after wavering in early action in the first trading day in August, with wrangling in Washington over another round of coronavirus stimulus supporting some appetite for large-capitalization technology stocks that are viewed as more resilient to the economic effects of the COVID-19 pandemic. See full story.

One of the world’s ‘most livable’ cities just went into full lockdown mode as coronavirus cases spike

Australia’s second-biggest city faces strict lockdown measures for the next six weeks as the state of Victoria saw another record spike in coronavirus cases — 671 in a single day. See full story.

Here’s why Apple’s stock split might not be so bullish for its shares

Stock splits are less common and have a weaker impact on share prices, writes Mark Hulbert. See full story.

Microsoft says TikTok acquisition talks are back on after Nadella, Trump chat

Microsoft Corp. said Sunday it is ready to continue acquisition talks with China’s TikTok, following a conversation between CEO Satya Nadella and President Donald Trump. See full story.

U.S. manufacturers expand in July for third straight month, ISM finds, but executives say not all the jobs are coming back

American manufacturers expanded in July for the third month in a row despite an increase in coronavirus cases nationwide, but senior executives say production remains well below pre-pandemic levels and not all the jobs are coming back soon. See full story.

MARKETWATCH PERSONAL FINANCE

Myths and misinformation about the coronavirus pandemic serve to politicize a global public-health emergency and distract from potentially life-saving measures, health professionals say. See full story.

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