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 (Bloomberg) -- U.S. equity futures slipped after an acrimonious American presidential debate highlighted the risk of a contested vote in November. The contracts headed lower in the hours after the chaotic sparring between Donald Trump and Democratic hopeful Joe Biden during which the president suggested vote-by-mail could be rife with fraud. In Europe, stocks were mixed amid declines in industrial-goods and tech shares while utilities gained. Portfolio rebalancing tied to the end of the month also had the potential to fuel choppy trading."Trump refused to soften his stance on the contested-elections scenario, which we think would have been a huge positive development for markets," said Win Thin, global head of currency strategy at Brown Brothers Harriman & Co. in New York.Global investors are also keeping an eye on news about coronavirus vaccines and the latest efforts to push through new stimulus measures in Washington, with key officials set to meet again Wednesday. A reminder of the pandemic's economic pain came from Walt Disney Co.'s announcement that 28,000 workers will be let go from its U.S. resort business.Treasuries and the dollar were mostly steady, along with the price of gold. Emerging-market stocks gained. Elsewhere, equities slumped in Asia. Crude oil traded around $39 a barrel in New York, heading for the first monthly loss since April, as the world's biggest trading houses signaled a meaningful recovery in demand is some way off.Here are some key events coming up:A large line up of E
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 The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 33.6 million on Wednesday, according to data aggregated by Johns Hopkins University, while the death toll rose to 1.008 million. The U.S. has the highest case tally at 7.2 million, and highest death toll at 205,998. In the first of three planned presidential debates, President Donald Trump blamed China for the outbreak, while rival Democrat Joe Biden slammed Trump's handling of the crisis. "It is what it is because you are who you are," Biden said, parotting the phrase Trump used in a recent Axios interview regarding the U.S. death toll. Brazil has the second-highest death toll at 142,921, but third-highest case tally at 4.8 million. India is second to the U.S. by case tally at 6.2 million, and has the third-highest death toll at 97,497. Mexico is fourth with 77,163 deaths and seventh with 738,163 cases. The U.K. has 42,162 deaths and 448,734 cases, the highest death toll in Europe and fifth-highest in the world.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Preliminary US-China deal and higher bond yields attract investors
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2020-09-30 0001193125-20-258609 28 KB
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