A car with US President Trump drives past supporters in a motorcade outside of Walter Reed Medical Center in Bethesda, Maryland October 4, 2020. — AFP pic
That was despite a 27.3 per cent plunge in Cineworld after the world’s second-biggest cinema chain said it would close all of its UK and US movie theatres later this week, leaving as many as 45,000 workers unemployed. “If he is recovering relatively well, that means stability because if it turns out that Trump gets ill and might not be able to run any campaign, that creates a lot of questions,” said Teeuwe Mevissen, a senior macro strategist at Rabobank.
IHS Markit’s final composite Purchasing Managers’ Index fell to 50.4 in September from August’s 51.9, close to the 50-mark separating growth from contraction.
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A Biden victory could weigh on stock market’s winners | Malay MailNEW YORK, Oct 3 — Investors on Wall Street can add another layer of uncertainty to a market already unnerved by last month’s sell-off, stalled fiscal stimulus and President Donald Trump’s Covid-19 diagnosis, which weighed on stocks yesterday. A higher capital gains tax that could accompany a...
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