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Stocks edge lower after record highs; Microsoft tops earnings forecast on cloud strength; Pfizer gets nod for children's vaccine; Democrats unveil billionaires tax' Robinhood shares tumble after softer third quarter revenues.
Short-term U.S. Treasury yields leapt higher Wednesday after the Bank of Canada shut down its QE program and signaled for an early 2022 rate hike just days ahead of a crucial Fed policy meeting.
Stocks are mixed Wednesday as investors react to a fresh line of corporate-earnings reports.
Bank of America identifies 13 stocks that may suffer from tax-loss selling through Oct. 31 and then rebound afterward.
Coinbase Global slips as a cryptocurrency analyst warns 'not to be complacent in this market.'
Enphase registers adjusted earnings of 60 cents per share in the third quarter, easily beating analysts’ predictions of 49 cents; other solar stocks bounce.
Stocks moving in premarket trading include General Motors, Robinhood, McDonald's, Twitter and Microsoft.
A panel advising the FDA recommended the Pfizer-BioNTech vaccine for kids. The decision now rests with the agency.
Stock futures edged higher amid a trove of third quarter earnings reports and another move higher in Treasury bond yields.