Be in the know. 20 key reads for Wednesday…

  1. A ‘powerful force’ will determine what happens next in the stock market, Wharton professor predicts (MarketWatch)
  2. U.S. durable goods orders rose jumped 11.2% in July, vs 4.3% increase expected (CNBC)
  3. Volatility Traders Pounce on Stock Market Angst Before Election (Bloomberg)
  4. Ex-Trump adviser Gary Cohn seeks $600 million for blank-check company IPO (CNBC)
  5. Mortgage demand from homebuyers spikes 33% annually, signaling no end to summer spree (CNBC)
  6. Ant Group’s $200 Billion Hill Could Soon Become Mountainous (Wall Street Journal)
  7. Watch for Coca-Cola Bottler’s Stock to Pop (Barron’s)
  8. NIO Stock Gets an Upgrade and 1,500% Price Target Increase. Here’s Why. (Barron’s)
  9. Powell may be the headliner, but here are the other key central bankers set to speak at Jackson Hole (MarketWatch)
  10. What to Expect From Jerome Powell’s ‘Jackson Hole’ Speech (Barron’s)
  11. What to Know About Palantir, the Latest Tech Company to File to Go Public (Barron’s)
  12. KFC drops ‘Finger Lickin’ Good’ slogan amid COVID-19 fears (New York Post)
  13. Fed Seen Holding Rates at Zero for Five-Years Plus in New Policy (Bloomberg)
  14. Luxury home contracts hit record quarter for Toll Brothers (Fox Business)
  15. Framework review complete, Fed’s Powell starts hard sell for higher inflation (Reuters)
  16. Booming trend powers Dick’s Sporting Goods to record earnings and sales (Fox Business)
  17. Why Dow’s shake-up is bad for stocks added to it and less bad for those booted (MarketWatch)
  18. It’s Time to Open New York’s Offices (Wall Street Journal)
  19. Inside Ant Group’s Giant Valuation: One Billion Alipay Users and Big Profit Margins (Wall Street Journal)
  20. GM Uses Salaried Employees to Fill Vacancies at Missouri Pickup-Truck Plant (Wall Street Journal)