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MARKETWATCH FRONT PAGE
Stock-index futures see big losses Wednesday, under pressure as COVID-19 cases continue to rise in the U.S. and Europe, presenting a threat to the economic recovery. See full story.
Microsoft earnings easily top expectations, but forecast for Xbox’s debut quarter dings stock
Microsoft Corp. easily topped earnings and sales expectations with a Tuesday report, as all three of its core segments grew strongly amid demand for cloud services and videogames during the COVID-19 pandemic, but its forecast did not live up to estimates. See full story.
Why billionaire investor Ray Dalio hates cash and bonds, and says the election won’t change his view on the economy
Bonds are too volatile for the puny yields they sport, and holding cash for too long will drag on your portfolio, says the founder of the world’s largest hedge fund. See full story.
Prospect of Biden winning could spur deal making rush ahead of tax hikes
Higher corporate tax rate could hit private equity pay. See full story.
Almost 200 European airports face insolvency, trade body warns
Passenger traffic at Europe’s airports fell 73% in September, compared with the same month in 2019, bringing the total volume of lost passengers since January to 1.29 billion. See full story.
MARKETWATCH PERSONAL FINANCE
‘I’m a 36-year-old man with no plans on having children, and I’d like to be able to use this very small amount to pursue one of my passions in life.’ See full story.
