NewsWatch: Stock-index futures pare losses as jobless claims fall below 1 million

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MARKETWATCH FRONT PAGE

Stock-index futures erase a small decline, edging higher after a drop in first-time jobless claims below 1 million last week. See full story.

The dollar has weakened. Here’s why that actually entrenches its role as the world’s reserve currency

The dollar’s role in the global financial system is actually further entrenched as it falls in value. See full story.

Kamala Harris is a friend, not foe, of Big Tech

As a presidential candidate, Harris did not support breaking up Facebook Inc., Google parent Alphabet Inc., and Amazon.com Inc., as did Sens. Elizabeth Warren and Bernie Sanders, but instead was open to strengthening antitrust enforcement. See full story.

Why it could be more expensive for Scotch whisky drinkers in the U.S. but good news for gin and beer lovers

It is worth remembering in this never-ending EU-U.S. dispute that tariffs are first and foremost paid by the consumers of the importing country — which sets a ceiling on how high they can go. See full story.

Cisco looking more to software but road is slower, due to the pandemic

Cisco Systems Inc.’s disappointing results and outlook had one bright spot — the fact that sales of software and services exceeded hardware for the first time — but the transition to more software from legacy network equipment is going to be long, lengthened by the current pandemic See full story.

MARKETWATCH PERSONAL FINANCE

Six months into the coronavirus pandemic, some people are on edge, while others are just plain confused. See full story.

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