16 Oct 20 - European Stocks Tumble | James Hardie Jumps Global markets were lower overnight (S&P 500 Index -0.2%) as US equities are trading on a cautious note again, with little positive news to drive stocks higher marking a third consecutive negative session. US corporate earnings season is being watched closely, and it has been a mixed bag from the bank results so far. While Goldman Sachs and Morgan Stanley were higher after solid results, much weaker results from Bank of America and Wells Fargo saw their share prices sell-off. Stimulus talks continue as Treasury Secretary Steven Mnuchin downplayed a stimulus deal ahead of the election. Treasury Secretary Steven Mnuchin was scheduled to have another call with House Speaker Nancy Pelosi Thursday in a continuing saga of talks about a relief package. He noted the White House is “not giving up” in the search for an agreement, while President Donald Trump said he’d go over $1.8tn in stimulus and blamed Pelosi for h...