Stock Futures Slide on Tax Concerns

U.S. stock futures edged lower Friday as some investors grew concerned that President-elect Joe Biden’s $1.9 trillion Covid-19 relief plan could lead to higher taxes. Futures tied to the S&P 500 fell 0.3%, indicating the benchmark index may decline for a second day. Contracts tied...

NYSE Scraps Plans to Delist Chinese Telecom Stocks

A China Mobile store in Hong Kong. Photo: Roy Liu/Bloomberg News The New York Stock Exchange reversed its decision to delist China’s three largest telecommunications companies, after consulting with regulatory authorities about a recent U.S. investment ban. In a statement released late Monday in New...