NewsWatch: The narrative driving markets is about to get challenged on Wednesday ⁠— here’s why

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MARKETWATCH FRONT PAGE

Strategists at ING say the market’s entire narrative —⁠ of governments aggressively spending and central banks aggressively easing ⁠— is on the line. See full story.

Target reports record-setting quarterly profits and comparable sales, $5 billion in market share gains for first half of 2020

Target says its most recent quarter set a record in a number of metrics and saw an uptick in customers returning to stores. See full story.

Amazon is stepping up its game in the cutthroat British grocery delivery sector

Morrisons offerings will now be available through Amazon’s main site, with Prime members enjoying free same-day delivery on orders over £40 See full story.

Bill Clinton calls Biden a ‘man with a mission’ who will replace Trump’s ‘chaos’

Former President Bill Clinton on Tuesday called Joe Biden a “man with a mission” during an address to the Democratic National Convention, saying the party’s presumptive presidential nominee will unite the country after four years of Donald Trump’s administration. See full story.

No student loan payments for the rest of the year — what this means for all types of college borrowers

Now is a good time to decide what to do before your bill arrives in January 2021. See full story.

MARKETWATCH PERSONAL FINANCE

Decline in mortgage forbearance applications is a positive sign, writes Sanjiv Das. See full story.

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