Dollar dips as investors bet on Biden victory

Dollar dips as investors bet on Biden victory

NEW YORK (Reuters) – The U.S. dollar dipped on Tuesday as risk appetite grew on bets that Democrat Joe Biden will win Tuesday’s U.S. presidential election and launch a large new stimulus package, and as the greenback faced resistance at the top of its …
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Bunge to sell refinery in Netherlands for $300M

Bunge Loders Croklaan is Bunge’s business-to-business edible oils business, producing and supplying plant-based specialty oils and fats for the food manufacturing industry. Bunge said …
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Wayfair Beats Estimates as Covid-Fueled Home Improvement Lingers

Analysts expected earnings of 85 cents a share on revenue of $3.67 billion, according to data compiled by Bloomberg. The Covid-19 pandemic has
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The Election Day stock rally is here as investors continue to price in a Biden win

New York (CNN Business) Stocks opened sharply higher on Election Day, continuing their winning streak from the start of the week. Within minutes of the opening bell, the Dow (INDU) traded 1.8% higher, or nearly 500 points, while the S&P 500 (SPX) — Wall …
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Sysco Corp. profits rebound from prior quarter, still half of pre-Covid levels

Food distribution giant Sysco Corp. (NYSE: SYY), one of Houston’s largest public companies, saw its latest quarterly earnings rebound somewhat despite the ongoing challenges of the Covid-19 pandemic. On Nov. 3, Sysco reported revenue of $11.78 billion …
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