Rising inflation might be finally a bigger fear than declining prices - and populism might be behind it.
A win for Joe Biden in the presidential election is likely to be beneficial for European stocks, strategists said, with a number of sectors set to stand out.
The S&P 500 index is on track to close below its July 31 finish, a move that would turn the “Presidential Predictor” in favor of a victory by Democratic challenger Joe Biden over President Donald Trump on Tuesday.
Gold edges higher Friday as the U.S. dollar loses some ground, but the yellow metal remains on track for a weekly loss after failing to find haven-related support despite a stock-market selloff.
European equities recovered from earlier losses, with investors focused on falling technology shares in the U.S. A week of increasing concerns over COVID-19 and restrictions have taken a toll on markets.
"We have full confidence that the Russians are going after our elections," Coats told CBS News on Thursday.
Oil prices flip between small gains and losses Friday but were on track to book a large October fall as rising COVID-19 cases in the U.S. and Europe pose a renewed threat to demand.
David Trainer, founder of the independent research firm New Constructs, has put out a list of five stocks to own regardless of the election. He says all these picks have attractive risk vs. reward, large cash reserves and strong market share.
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