. Nearly three-quarters of companies within the benchmark S&P 500 have reported earnings for the latest quarter and the results have mostly beaten analysts’ forecasts.
PayPal jumped 9.2% on a report that activist investor Elliott Management has taken a large stake in the payment company. in September at a much slower pace than in previous months. U.S. crude oil fell 4% to settle at $90.66 per barrel; Brent crude, the international standard, settled 3.7% lower at $96.78 per barrel.Markets are also watching forafter House Speaker Nancy Pelosi’s visit to Taiwan. China, which claims self-ruled Taiwan as part of its territory, banned imports of Taiwanese citrus fruits and frozen fish in retaliation for Pelosi’s visit.
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