NewsWatch: Stocks could fall a further 7% after last week’s correction. But here’s why Morgan Stanley says that’s ‘healthy’

This post was originally published on this site

MARKETWATCH FRONT PAGE

Fears of a second coronavirus wave grew over the weekend and U.S. stock futures pointed lower early on Monday. See full story.

A portfolio of stocks being bought by mom-and-pop investors is trouncing Wall St. pros — here’s what they’re buying

It’s no secret that retail investors have been increasing but the degree to which they have outperformed professional investors is coming into greater focus lately. See full story.

BP to take up to $17.5 billion in charges as it lowers oil-price assumption

Oil major BP on Monday said it was taking up to $17.5 billion in charges as it lowers its assumptions for the fossil fuels it sells. See full story.

Mad dash for cash drives biggest month for follow-on offerings since the financial crisis

Companies in need of cash are rushing to take advantage of an opportunity to raise money through equity markets while they still can. See full story.

The new tech hubs: With more employees working from home, companies could diversify workforces

A confluence of factors tied to COVID-19, the thriving work-from-home economy, and social protests could be accelerating momentum in Atlanta and other destinations far from Silicon Valley. The events have put a spotlight squarely on the hiring patterns of U.S. corporations during a slice of time when the physical location of prospective employees isn’t crucial, and when most organizations are actively supporting social causes with donations, pledges of support, and vows to do more on diversity and inclusion. See full story.

MARKETWATCH PERSONAL FINANCE

The causes of social unrest go much deeper than the most recent police brutality. See full story.

Add Comment