NewsWatch: Here’s what history says happens to U.S. stocks in a close election race and why the polls are crucial, Deutsche Bank says

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MARKETWATCH FRONT PAGE

U.S. stocks edged slightly higher early on Tuesday after Monday’s rally, despite U.S.-China tensions rising over TikTok See full story.

A 10% selloff in the stock market is most likely, says expert who called March lows: ‘Something has to give’

Michael Wilson, chief U.S. equity strategist at Morgan Stanley, and his colleagues believe that the narrow breadth of winners in the stock market will likely result in a 10% correction before giving way to a renewed rally. See full story.

The man who warned in 2018 that America was unprepared for a pandemic says: ‘The U.S. squandered every possible opportunity to control the coronavirus’

On the anniversary of the 1918 flu, Ed Yong warned of another pandemic. He says the U.S. must learn the lessons from the past seven months, adding, ‘COVID-19 is merely a harbinger of worse plagues to come.’ See full story.

Odds are ‘as high as 35%’ that next coronavirus aid package won’t become reality until September, analyst says

As Democrats and Republicans continue their negotiations over another big coronavirus financial aid package, one analyst is cautioning that the next measure may not come together until next month. See full story.

Trump has no right to demand money from Microsoft-TikTok deal

The move by the U.S. government to attempt to get the Chinese company ByteDance to divest the U.S. version of its popular TikTok social media app is not without recent precedent, but President Donald Trump’s demand for a cut of the deal is completely bizarre. See full story.

MARKETWATCH PERSONAL FINANCE

Meanwhile, ‘individuals working in brick-and-mortar establishments have fewer rights; fewer opportunities to express concerns around privacy.’ See full story.

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