Stocks Cap Best Week Since July

Stocks Cap Best Week Since July

P2JW284000-8-A00100-17FFFF5178F What the Are Yo u Ready for Pandemic Has Fashion Again? Taught Us OFF DUTY About Science REVIEW WSJ THE WALL STREETJOURNAL WEEKEND ******** SATURDAY/SUNDAY,OCTOBER 10 -11, 2020 ~VOL. CCLXXVI NO.86 WSJ.com HHHH $5.00 Hurricane Delta Lashes Storm-Scarred Louisiana Coast Boosted What’s News Offer World-Wide Kindles he White House sub- Hope for Tstantially increased its offer to Democrats on a coronavirus-relief pack- Stimulus age, further closing the gap between the parties in the on-again, off-again ef- White House narrows fort to pass new aid for households and businesses gap with Democrats, before the election. A1 but a deal before Painful social lockdowns election faces hurdles in Europe and some Ameri- canstateshelped blunt the The White House substan- coronavirus.Now,amid afit- tially increased itsoffer to fulreopening,the pandemic S Democrats on a coronavirus- is onceagain surging. A1 PRES relief package, further closing TheCommission on Pres- the gapbetween the parties in TED idential Debates scrapped CIA the on-again, off-again effort the planned matchup next SO to passnew aid forhouseholds AS week between Trump and T/ and businesses beforethe Biden afterthe president election. said he wouldn’t partici- HERBER pateinavirtual debate. A7 ALD By Kristina Peterson, Barr has told top Re- GER Kate Davidson SECOND BLOW: Danielle Fontenot raN with her son, Hunter, to a relative’s house in Lake Charles on Friday as Delta buf- publicans that the results and Andrew Duehren feted southwest Louisiana, which is still recovering from the ravages of Category 4 Hurricane Laura six weeks ago. A3 of an inquiry into the ori- TreasurySecretarySteveN gins of the FBI’s2016 Russia Mnuchin presented to House probe won’t be made pub- Speaker NancyPelosi (D., Calif.) lic before the election. A6 aproposal of morethan $1.8 Twitter will make it trillion on Friday, in the largest harder for posts to go viral StocksCap Best Week SinceJuly bid the Trump administration ahead of the election, in- has made to Democratsover cluding by putting limitsoN months of talks. how users caN retweet. A6 Investors expect tal being treated forthe new 0.6%, to 28586.90, climbing surrounding the contest ap- Thenew offer marked the coronavirus and former Vice back intopositiveterritoryfor peared to recede this week, latest unexpected turn in avola- The Trump administra- volatility to recede in President JoeBiden widening the year. and traders began unwinding tile week of negotiations.Inthe tion is pressing Russia to his lead in national polls fin- TheNasdaq Compositerose some of their cautious bets. span of three days,President conclude an agreement the weeks leading up ished as the best stretch forthe 158.96points, or 1.4%, to “Polling has further consoli- Trump went from shutting freezing the number of to Nov. 3 election indexsincethe week of July 2. 11579.94. Thetech-heavy index dated around aBiden advan- down the discussions to reviv- nuclear warheads before Thebenchmark climbed climbed4.6%for the week and tage in the presidential elec- ingthem with his administra- the U.S. election. A3 BY DAVID BENOIT 30.31points, or 0.9%, to is up 29% this year. tion...and options markets tion’sbiggest offer to date. The Nobel Peace Prize AND JOE WALLACE 3477.14onFriday, extending With just over three weeks have significantly reduced the Democratslast week passed a was awarded to the U.N. itsgains forthe week to 3.8%. beforethe U.S. election, the premium they assign to that $2.2 trillion aid package,a World Food Program. A9 TheS&P 500 rose Friday, Following avolatile Septem- race is dominating traders’ at- date,” JPMorgaN Chase & Co. scaled-back version of their ear- closing out its biggest weekly ber,October has started with a tention. Formonths,they have strategists wrote in a note to lier $3.5 trillion legislation. Business&Finance advanceinthree months as in- persistent march higher, with been wagering on extreme vol- clients on Thursday. Anydeal would facehurdles vestorswelcomed signs point- the indexupfor two consecu- atility around theelection Strategistssay surveysand to passagebeforeElection Day. ing to adecisiveresult in next tiveweeks and in six of the through the derivatives,stocks talks with investorshavere- TheSenate is focusing on con- TheS&P 500 rose Friday, month’sU.S.presidential elec- past eight trading days.Ithas and currencymarkets, wary cently found aflip-flop on sen- firming Supreme Court nomi- closing out itsbiggest weekly tion. risen 7.6% this year. that the outcome could remain timent in the event of aBiden nee AmyConey Barrettinthe advanceinthree months as Aweek that started with TheDow Jones Industrial undecided for weeks. win: Investorspreviously said remaining weeks.Evenifthe investorswelcomed signs President Trump in the hospi- Averagerose 161.39 points, or Some of the uncertainty PleaseturntopageA6 PleaseturntopageA2 pointing to adecisivere- sult in next month’sU.S. presidential election. The benchmark ended 3.8% Covid Response Prompts NewVirus CasesSurge higher forthe week. A1 Boston RedSox owner Across U.S.,Europe John Henryisintalks to Crisis in Mental-Heath Care join with an investment ve- hicle foran$8billion deal BY TED MANN number of weekly cases re- that would take his famed corded in the country. During sportsholdingspublic. B1 Pandemic is priority as hospitals cut psychiatric, drug-rehab beds Painful social lockdowns in the lockdown period in the Ajudgesaid Apple doesn’t Europe and some American spring,Franceaveraged7,500 have to return “Fortnite” to states helped blunt the corona- cases aday. itsApp Storebut maintained BY SHALINI RAMACHANDRAN beds in hospitals are similarly shut, the virus.Now,amid afitfulre- British Health Minister Matt that the tech giant can’t block state’s Office of Addiction Services and Sup- opening,the pandemic is once Hancock warned that the U.K. Epic,the game’screator,from Hospitals across New York state have re- ports says. The overall number of such beds again surging. wasata“perilous moment” af- accessing itscritical soft- purposed or closed hundreds of psychiatric, had risen slightly over the past five years. Datacompiled by Johns termorethan 17,540 newcoro- ware development tools. B1 detox and drug-rehabilitation beds over the Hospitals have also closed behavioral- Hopkins University shows a navirus cases were recorded on past six months to make room for Covid-19 health beds in other states including Illinois, jump in newcases in France, Thursday, an increase of more The London Stock Ex- patients, leading to a cascading crisis in Massachusetts and Texas, along with Wash- Spain and the U.K.,wherethe than 3,000 from the daybefore. changeagreed to sell Borsa mental-health care. ington, D.C. The closures are pronounced in virus is moving intoyounger Over the past week,newly re- Italiana to agroup led by Treatment has become harder to find just New York, a state hit hard by the virus. populations and straining ported cases acrossthe U.K. Euronext, adivestment as the coronavirus pandemic has driven New York health-care workers described health systems at the onset of jumped morethan 20% com- meant to smooth approval of higher demand for services, according to in- patients being discharged early to free up winter.The dataalso shows pared with aweek earlier. itsacquisition of financial- terviews with behavioral-health workers, pa- space even though many still exhibited psy- newcases rising 10% or more Meanwhile,ashowdowN datacompanyRefinitiv. B13 tients and patients’ families. chosis and mania. Some hospitals that kept week over week in at least brewedinSpain between local Microsoftisgoing to per- About 400 psychiatric beds remain closed units open were overwhelmed, they said. eight U.S. states. PleaseturntopageA8 mit some staff to work from for care—more such closures than in the Imani Fecu, 24 years old, who struggled Newcases in Francetopped home on aregular basis even past five years, according to the state’s Of- with schizoaffective and bipolar disorder, 18,000 forasecond straight Organizer cancels next week’s afterthe pandemic fades, fice of Mental Health. About 150 addiction PleaseturntopageA12 day, fueling a15% rise in the Trump-Biden debate.............. A7 another sign that changes to work routines made in recent months will be enduring. B3 EXCHANGE What the Doorbell Saw: Hall of Famer Ford Dies at 91 PG&E told California regulators that its power A Lot of Lawn-Sign Swiping equipment might have iii contributed to igniting a recent wildfire that has This election year, more homeowners killed four people. B3 use technology to monitor their yards NOONAN Biden, Penceand the BY MADELEINE NGO around, manymorepeople Wish forNormalcy A15 have home cameras.That In KeyBiscayne,Fla., a means more perpetrators are crew hops off the back of a being filmed in the act as they CONTENTS Opinion.............. A13-15 Books..................... C7-12 Sports........................ A16 golf cart. In Signal Mountain, snatch, kick and yell at signs Food......................... D6-7 Style & Fashion D2-3 Tenn., afour-door sedan forPresident Trump and his S Gear & Gadgets... D9 Travel...................... D4-5 speeds past on a rain-slicked Democratic rival JoeBiden, as PRES Heard on Street...B14 U.S. News... A2-3,6-8 road and backs up beforea well as signs forpolitical TED Markets.................... B13 Weather................... A16 Obituaries................ A11 World News.... A9-10 woman pops out of the pas- causes. CIA senger seat. In asuburb of LocalRepublican and Dem- SO AS Salt Lake City,aman calmly ocratic Party officials saythey Y/ > MOVABLE FEAST walks up a driveway. aregetting daily complaints SA Restaurants are All seemed on a mission to about stolen signs.Partisans LIND adapting to our new swipe political yard signs. All are dreaming up new ways to JOHN were caught on video. discouragesign thieves.Police Whitey Ford helpedthe NewYork Yankeeswin six World Se- reality—some better Sign-stealing ramps up ev- departmentsnationwide are ries titles and wasone of the bestleft-handersofall time.

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