NewsWatch: Pound surges on report of possible draft Brexit deal

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MARKETWATCH FRONT PAGE

The British pound jumped Tuesday, shaking off losses seen at the start of the week, after upbeat comments over a possible Brexit deal from the European Union’s negotiator. See full story.

Dow rises 300 points as earnings surprise to the upside

U.S. stocks rise Tuesday as the corporate earnings reporting season gets under way and investors weigh the implications of a partial U.S.-China trade deal. See full story.

How this media firm and oil giant will give your portfolio vital balance, says investment manager

Our call of the day, from John Linehan, portfolio manager for T. Rowe Price’s Equity Income Fund, says if investors want to juggle all that could go right or wrong with the economy and otherwise right now, they need a balanced portfolio. See full story.

China pork prices spike 69%, driving consumer inflation to near 6-year high

The consumer-price index rose 3% in September from a year earlier, according to data released by the National Bureau of Statistics on Tuesday, bumping up against Beijing’s inflation target of “around 3%” this year. Pork prices were a big driver. See full story.

‘Something has to give:’ How long can the American consumer shoulder the global economy?

Measures of consumer confidence have been diverging sharply with data on executive and business sentiment See full story.

MARKETWATCH PERSONAL FINANCE

‘Friends’ celebrated its 25th anniversary last month, but the actress who played Rachel Green still doesn’t do Facebook. See full story.

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