US equities taking election polling to heart, US banks kick off earnings season, UK lockdowns

Summary: US stocks built on last week’s rally with investors assessing US presidential election polls that show a strong lead for former vice-president Joe Biden, and unemployment looks set to hit the UK’s youth the hardest with the country’s economy facing a sharp slowdown. Plus, the FT’s US finance editor, Rob Armstrong, explains why US banks might suddenly be hoping for a Democratic wave and what their most recent earnings could look like.  Wall Street rallies as angst over contested US election wanes https://www.ft.com/content/1dcbbed2-6d9e-4898-98bf-00e98a19eb5b Five things to watch in US bank earnings season https://www.ft.com/content/2604ab01-c562-4601-a8d6-921825a9e4ae UK’s youth count the cost of the Covid pandemic ft.com/content/1220ba66-de09-4507-8616-ef112cd2c109? Samuel Brittan, economics editor, 1933-2020 https://www.ft.com/content/b763bf06-3fc2-4e95-9fe6-a17acf3d8f3b  <br><hr><p style="color: grey;">See <a style="color: grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for privacy and opt-out information.</p>