China’s top leadership — led by Xi Jinping — will gather in Beijing to discuss the country’s growth and development strategy for the next five years.
The Dow and the S&P 500 are coming off their first losing week in four as talks over the next coronavirus stimulus package dragged on.
Pressed on why the U.S. can’t make efforts to control the coronavirus pandemic, Meadows said: “”Because it is a contagious virus just like the flu.”
Vice President Mike Pence will not quarantine himself despite four of his aides testing positive for Covid-19, his office said.
The U.S. reported more than 83,700 new Covid-19 cases on Friday, passing the last record seen in mid-July, according to data compiled by Johns Hopkins University.
Since Oct. 1, Covid testing has increased by nearly 11%, compared with a 46% jump in the average daily rate of new infections.
Biden’s plan would effectively nationalize mask wearing, Covid-19 testing, PPE procurement, reopening guidelines and vaccine distribution.
Yields rolled to a four-month high last week, the 10-year note reaching 0.84%, as economic data continue to arrive better than expected.
CNBC Pro looked through Wall Street research to find the top stocks for your portfolio going into the busiest week of earnings.
Apple and Microsoft are among a flood of expected earnings, but the presidential election could loom larger for markets in the week ahead.