This chapter analyzes the stock market's performance as it approaches the closing bell, focusing on the S&P 500 and NASDAQ 100 amidst seasonal trends and political events. It features insights on the significant effects of the upcoming presidential debate and CPI report on investment strategies and market volatility.
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Bloomberg Technology Co-Host Ed Ludlow breaks down the news that Apple lost its court fight over a €13 billion ($14.4 billion) Irish tax bill and Google lost its challenge over a €2.4 billion fine for abusing its market power, in a double boost to the European Union’s crackdown on Big Tech. Bloomberg News Wealth Reporter Ben Steverman shares the details of his Businessweek Magazine story Covid-Fueled ‘Dating Recession’ Risks Long-Term Economic Damage. Bloomberg News Automotive Regulations Reporter Keith Laing explains how EV leases as low as $20 a month could help dealers move unwanted cars. Wen Mao, Dean of Villanova School of Business and Bloomberg News Senior Editor Dimitra Kessenides discuss the growing number of women leading business schools. And we Drive to the Close with Amanda Agati, CIO at PNC Asset Management.
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