Stocks Drop With Stimulus on Hold as Banks Tumble: Markets Wrap

(Bloomberg) — Stocks fell on speculation that their recent rally has outpaced prospects for a quick end to the stalemate over fresh economic stimulus. Treasuries and the dollar climbed.



A pedestrian wearing a protective face mask is reflected in an electronic stock board outside a securities firm in Tokyo, Japan, on Thursday, Sept. 17, 2020. Japanese stocks were set for their fourth straight weekly gain, the longest winning streak since November, as investors moved back in following this week’s central bank rate decisions at home and in the U.S.


© Bloomberg
A pedestrian wearing a protective face mask is reflected in an electronic stock board outside a securities firm in Tokyo, Japan, on Thursday, Sept. 17, 2020. Japanese stocks were set for their fourth straight weekly gain, the longest winning streak since November, as investors moved back in following this week’s central bank rate decisions at home and in the U.S.

Banks led losses in the S&P 500, with JPMorgan Chase & Co. and Citigroup Inc. sinking even after better-than-expected earnings, as investors worried that the quarter signaled just a pause in pain from soured loans. Tech shares outperformed as Apple Inc. unveiled its iPhone 12 line with 5G speeds and Amazon.com Inc.’s Prime Day sale kicked off. Delta Air

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Researchers use flying insects to drop sensors from air, land them safely on the ground — ScienceDaily

There are many places in this world that are hard for researchers to study, mainly because it’s too dangerous for people to get there.

Now University of Washington researchers have created one potential solution: A 98 milligram sensor system — about one tenth the weight of a jellybean, or less than one hundredth of an ounce — that can ride aboard a small drone or an insect, such as a moth, until it gets to its destination. Then, when a researcher sends a Bluetooth command, the sensor is released from its perch and can fall up to 72 feet — from about the sixth floor of a building — and land without breaking. Once on the ground, the sensor can collect data, such as temperature or humidity, for almost three years.

The team presented this research Sept. 24 at MobiCom 2020.

“We have seen examples of how the military drops

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Check Out These Negan And Zombie Magic The Gathering Cards From Upcoming Secret Lair Drop

If you need more zombies in your life, then you’re probably pretty excited about Magic: The Gathering’s upcoming Secret Lair drop, which is a collaboration with AMC’s The Walking Dead. Aside from the Negan and Treasure token cards, GameSpot has yet another reveal for the set, which we Tweeted out on September 30. Check it out below.

The Walking Dead Secret Lair drop will feature brand-new cards for MTG, and will be available for pre-order during a limited window between October 4 and 12–starting at 11:30 PM ET on October 4. One of the new cards is none other than Negan, the infamous villain from the series who has no problem bashing in heads with a baseball bat, tat’s played by Jeffrey Dean Morgan on the show. Check out the card below.

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Negan is a 4/3 Legendary Creature with a very fitting ability. When the card is put onto the

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Study finds 57% drop in reproduction when exposed to both threats — ScienceDaily

The loss of flowering plants and the widespread use of pesticides could be a double punch to wild bee populations. In a new study, researchers at the University of California, Davis, found that the combined threats reduced blue orchard bee reproduction by 57 percent and resulted in fewer female offspring. The study was published in the journal Proceedings of the Royal Society B.

“Just like humans, bees don’t face one single stress or threat,” said lead author Clara Stuligross, a Ph.D. candidate in ecology at UC Davis. “Understanding how multiple stressors interplay is really important, especially for bee populations in agricultural systems, where wild bees are commonly exposed to pesticides and food can be scarce.”

The study found that pesticide exposure had the greatest impact on nesting activity and the number of offspring the bees produced. Pesticide exposure reduced bee reproduction 1.75 times more than limiting their food.

IN

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Caltech, other colleges drop SAT and ACT from admissions decisions

But Caltech won’t even consider those tests in the selection of its next two entering classes. It is in the vanguard of a small but growing movement to eliminate the ACT and SAT from admission decisions. The immense educational disruptions of the novel coronavirus pandemic, especially shortages of seats at testing centers, have fueled the development.

Others experimenting with this approach include the University of California at Berkeley and some other UC campuses, Reed College in Oregon, the California State University System and Washington State University. Catholic University, in D.C., said this year it will omit test scores in admissions from now on.

These schools are taking a more radical stance than the “test-optional” movement, which allows applicants to choose whether to send scores. Instead, these schools are declaring themselves “test-blind” or “test-free.”

Nikki Kahealani Chun, director of undergraduate admissions for Caltech, said the 2,200-student school in Pasadena has never

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Bungie Confirms ‘Destiny 2’ Is Never Getting A New Engine So We Can Drop That Now

In the wake of a big technical TWAB regarding Destiny 2 this past week, the good old question of the series getting a “new engine” has surfaced again.

Some are interpreting the recent comments about all the changes to the engine as a smokescreen for the fact that yes, Destiny is effectively getting a new engine. Or if not, they’re just preparing to replace the current engine with a new one down the road and these are just temporary patches.

Neither of these things are true. And in fact, Bungie has come out to say explicitly that no, Destiny is never getting a fully new engine.

MORE FROM FORBESUnderstanding Destiny 2’s Massive New Technical Changes For Beyond Light

This is directly from Chris Kosanovich, Engineering Manager at Bungie, who responded to the frequent engine question in a reddit AMA two full months ago,

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EMERGING MARKETS-Indonesia, S. Korea stocks drop over 1% as virus threatens recovery

By Anushka Trivedi

Sept 22 (Reuters)Stock markets in Indonesia, Philippines and South Korea declined more than 1% on Tuesday as rises in coronavirus cases locally and globally dampened hopes of a swift economic recovery.

South Korean stocks .KS11, dropped 1.7% to lead falls across Asia’s emerging markets, while Jakarta’s main index .JKSE slid as much as 1.6% to its lowest level in almost two weeks.

The number of infections in the Philippines rose another 3,500 to top 290,000 on Monday, while Indonesia reported a record jump in cases despite moves to lock down parts of its capital.

Sentiment on stock markets globally worsened on Monday as the imposition of curbs in a number of European countries, along with a possible delay in fresh U.S. fiscal stimulus, weakened the prospects for recovery, said Margaret Yang, a strategist at retail trading platform IG.

Banking stocks weighed

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EMERGING MARKETS-S.Korean stocks drop 1%, other Asian markets muted on virus woes

    * Graphic: World FX rates tmsnrt.rs/2egbfVh
    * Graphic: Foreign flows into Asian stocks tmsnrt.rs/3lKhL5I
    * Taiwan dollar hits seven-year high
    * Indonesia's rupiah at highest since Sept 2

    By Anushka Trivedi
    Sept 21 (Reuters) - South Korean stocks declined 1% on
Monday in a broad-based sell-off, while other Asian markets
traded within a range as rising COVID-19 cases locally and in
Europe dampened investor sentiment.
    South Korea's tech-heavy main index hit a more than
one-week low despite solid export data, while Singapore,
Philippine and Malaysian markets were largely
flat.
    Investor sentiment was hit as European nations from Spain to
 Denmark imposed new restrictions to contain surging coronavirus
infections in some of their largest cities while Britain was
reported to be contemplating reinstating lockdown.
    Risks of increased military tensions between the United
States and China as some Washington officials visited Taiwan
last week also added to concerns.
    "Uncertainties arising from potential 
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