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MARKETWATCH FRONT PAGE
The global case tally for the coronavirus illness COVID-19 climbed above 68 million on Wednesday and the U.S. tally rose above 15 million as the virus continued to race across the nation, filling hospitals with record numbers of patients See full story.
DoorDash prices IPO at more than $100 a share for valuation above $30 billion
DoorDash Inc. is ready to ride the surge in demand for delivery and investor appetite for initial public offerings. See full story.
U.S. stocks turn lower with focus on $916 billion COVID relief proposal
U.S. stocks lost steam Wednesday, after setting a fresh round of intraday records on opening, as investors awaited word on whether Congress would pass another coronavirus relief package to limit the economic harm from the COVID-19 pandemic, while waiting for a vaccine rollout. See full story.
There’s only one company that could get in the way of Tesla shares’ path to $2,500, and it’s not another car maker, says veteran tech investor
His target: $2,500 within three years. Such a rally in the stock would bring Tesla’s valuation above $2 trillion, joining Apple, at this point, as the only other company in that lofty realm. See full story.
Why shares of Chinese companies could soon be more expensive
Congress approves delisting Chinese companies that flout U.S. accounting rules — and investors pay the price. See full story.
MARKETWATCH PERSONAL FINANCE
Meanwhile, 31% of companies don’t have an anti-sexual harassment policy in place. See full story.