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MarketWatch MarketPulseSep 29, 2020
Coronavirus tally: Global deaths from COVID-19 top 1 million, 33.4 million cases and U.S. counts more than 205,000 deaths
The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 33.4 million on Tuesday, according to data aggregated by Johns Hopkins University, while the death toll rose to 1.002 million. The U.S. has the highest case tally at 7.1 million, and highest death toll at 205,085. The White House pressured the Centers for Disease Control and Prevention to play down the risk of sending children back to school, the New York Times reported, citing documents and interviews with current and former government officials. Brazil has the second-highest death toll at 142,058, but third-highest case tally at 4.7 million. India is second to the U.S. by case tally at 6.1 million, and has the third-highest death toll at 96,318. Mexico is fourth with 76,603 deaths and seventh with 733,717 cases. The U.K. has 42,090 deaths and 441,573 cases, the highest death toll in Europe and fifth-highest in the world.

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MarketWatch MarketPulseSep 29, 2020
UPDATE: McCormick beats third-quarter estimates, resumes guidance and unveils 2-for-1 stock split
McCormick & Co. Inc. posted better-than-expected earnings for its fiscal third quarter, resumed guidance and announced a 2-for-1 stock split, saying it is still benefiting from dining at home during the pandemic. The Hunt Valley, Md.-based maker of spices and flavorings said it had net income of $206.1 million, or $1.53 a share, in the quarter to Aug. 31, up from $191.9 million, or $1.43 a share, in the year-earlier period. Adjusted per-share earnings came to $1.53, a penny ahead of the $1.52 FactSet consensus. Sales rose to $1.430 billion from $1.329 billion, also ahead of the $1.396 billion FactSet consensus. "Our results for the third quarter continued to be significantly impacted by the sustained consumer preference for cooking more at home," Chief Executive Lawrence Kurzius said in a statement. "..Our updated 2020 outlook reflects the strength of these year-to-date results and our confidence in the sustainability of higher at home consumption trends," he said. The company is now expecting fiscal 2020 sales to grow at the upper end of its up 4% to 5% range. The company expects adjusted per-share earnings to range from $5.64 to $5.72, compared with a current FactSet consensus of $7.75. Its board has approved a 2-for-1 stock split to be conducted on Nov. 20. Shares were up 1.5% premarket and have gained 15% in the year to date, while the S&P 500 has gained 3.7%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

KiplingerSep 28, 2020
7 Best Sports Betting Stocks to Wager On
Sports betting stocks are one of the hottest areas of the market right now, and industry experts expect more of the same in the years ahead.

It's difficult to get a pulse of exactly how big the industry might become; estimates for the size of the sports betting market vary greatly in size and time horizon. Independent research firm Gambling Compliance says the U.S. betting market will range between $5.9 billion and $8.2 billion by 2024. Morgan Stanley believes the U.S. sports betting market could hit $10 billion annually by 2025; globally, it sees sports betting topping $100 billion. BofA Securities sees the U.S. market hitting $24 billion by 2030.

But one thing is clear: The stakes are high. The fact that a thematic ETF - the Roundhill Sports Betting & iGaming ETF (BETZ) - hit $100 million assets within three months of launching is indicative of just how high the stakes have gotten.

"Every play and move in sports entails an outcome that can be bet on," says Luke Lloyd, a wealth advisor and investment strategist at Strategic Wealth Partners. "Sports betting allows people to be more engaged in the game, specifically every play, usually making it more fun and entertaining to watch."

"Also, the rise of fantasy sports has increased the engagement from the younger generations, leading to a path of growth for many companies in the long-term as sports-betting makes its way throughout the United States and the world."

Read on as we evaluate seven of the best sports betting stocks in the market. Each of these picks provides access to gains in sports wagering, though some are more direct bets on the trend, while others are more diversified plays on gambling generally.


MarketWatchSep 28, 2020
Market Snapshot: Dow ends 410 points higher, stocks rally ahead of presidential debate and Friday's jobs report
U.S. stock indexes book sharp gains Monday, as investors embrace hope of more fiscal stimulus, but await more clarity on the White House race and the state of the economy.

The Motley FoolSep 28, 2020
S&P 500 Surges 53 Points: These Struggling Sectors Are Driving Stocks Higher Today
Oil and financial sector stocks led today's rally, helped along with a late-day run higher by tech stocks.

MarketWatch MarketPulseSep 28, 2020
Dow books roughly 410-point gain to start the week, boosted by energy, industrials and financials
U.S. stocks closed sharply higher Monday, starting the week on a higher note as investors bought shares of banks, energy companies, as well as materials and industrials firms. Talk of some progress toward a fresh coronavirus aid package, however unlikely to gain much traction on Washington, and bargain hunting by investors betting on happier economic times in the throes of a global viral outbreak, helped to revive some degree of the bullish sentiment. The Dow Jones Industrial Average closed up 410 points, or 1.5%, at 27,583, the S&P 500 index finished the session up 1.6% at 3,352, powered by a 2.3% gain in financials and a 2.3% in the energy sector . The Nasdaq Composite Index , meanwhile, closed 1.9% higher at 11,117, retaking a psychological perch above 11,000. All closing numbers are on a preliminary basis. Shares of Citigroup and Morgan Stanley and Wells Fargo & Co. closed up 2.9% and 3.1%, and 3.5% respectively, helping to lead the charge higher for the economically sensitive banking sector, underscoring some bets for an improved economy by investors and efforts by investors to find value in beaten down sectors that have not enjoyed the run-up in stocks to the same degree as the highflying technology-related and work-from-home shares. Investors are also focused on the looming 2020 presidential election, with a debate between President Donald Trump and former Vice President Joe Biden set for Tuesday, which could also influence investment behavior in the short term. Last week, stocks took a hit amid rising concerns of a renewed spread of the novel strain of coronavirus that causes COVID-19. Markets got off to a strong start on Monday partly due to solid economic data out of China, which appeared to overshadow reports of fresh lockdowns and growing cases of COVID-19 in parts of Europe.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

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