The U.K. economy is set for a dramatic slowdown due to a resurgence in infections and the ensuing new restrictions.
JPMorgan kicked off earnings season with results that shattered Wall Street expectations–and net income that was even higher than last year.
Shares of Citigroup Inc. climbed 2.4% in premarket trading Tuesday, after the bank reported third-quarter profit and revenue that beat expectations.
Exuberant markets normally favor the incumbent and normal incumbents do whatever they can to support the market. But this is not a normal year.