Survey results that were published by the Conference Board on Tuesday revealed that US consumer confidence had declined more than expected.
On Tuesday, General Electric announced that the company would continue to cut jobs in its aviation unit.
Best Buy announced on Tuesday that it expects a decline in US retail sales due to the impact of the coronavirus on the economy.
On Tuesday, crude oil prices reached their highest levels since the coronavirus drop that occurred in March.
At the start of Tuesday's US trading hours, US stock indices surged, as risk on sentiment was attributed to the US General Services Administration stating that the handover of the US Presidency could begin.
On Tuesday, Tesla's market value crossed $500B after investors lapped up the carmaker's shares additionally to the S&P 500 index, marking a six-fold surge of the stock gain this year.
During Tuesday's trading hours, risk assets surged in price, as the US General Services Administration informed Joe Biden that the handover of the US Presidency could begin.
Ryanair stated it had to trim its winter plans due to lower demand amid the COVID-19-related restrictions, adding it would unlikely return to its pre-crisis service levels earlier than next fall.
The gross domestic product of Germany grew by its record 8.5% in Q3 as the European biggest economy showed partial recovery from an unprecedented drop triggered by the coronavirus pandemic in spring.
Snap launched new feature "Spotlight", which allows users to share short videos publicly on the Snapchat platform, introducing another service to compete with Instagram Reels and ByteDance's TikTok.
The largest asset manager in the world BlackRock is set to acquire the investment management services operator Aperio Group from Aperio employees and the private equity group Golden Gate Capital in a cash-deal worth $1.05B.
On Tuesday, Nissan Motor announced its plans to sell the redesigned Note compact vehicle equipped with hybrid drive technology in Japan starting from December, as it seeks to win a market share from Honda Motor and Toyota Motor.
Sweden's truck maker Scania has acquired a Chinese truck firm to start manufacturing vehicles in the Asian country, Traton SE's unit stated on Tuesday.
The President-elect Joe Biden plans to nominate Janet Yellen, the ex-Federal Reserve Chair, as the new US Treasury secretary, to lead the country from the sharp economic downturn.
On Monday, the Governor of the Bank of England Andrew Bailey stated that a no-deal Brexit is most likely going to hurt the UK economy more than the coronavirus.
The world's largest fund BlackRock on Monday revealed that it had recently become bullish on US stocks.
On Monday, the Prime Minister of the United Kingdom Boris Johnson announced new anti-coronavirus measures that are set to impact the economy.
During Monday's trading hours, the value of the US Dollar recovered from a three month low, as news of another coronavirus vaccine caused risk on sentiment.
On Monday, US stock indices showed mixed results, as a surge in energy and industrial sectors was offset by a decline in tech stocks.
During Monday's trading, crude oil prices surged by more than 2%, as a new coronavirus vaccine gave hopes of economic recovery.
According to IHS Markit's manufacturing and services sector purchasing managers' indexes, business activity in the United States expanded to its quickest rate in over five years.
The US National Highway Traffic Safety Administration announced on Monday that General Motors must recall 5.9 million vehicles with Takata airbag inflators issue.
Eurozone's economic activity declined significantly in November, as a second wave of the coronavirus pandemic sweeps across Europe.
On Monday, Ethereum, the second-largest cryptocurrency by market capitalisation after bitcoin, surged by 7%, while Ripple coin soared by 22% to its highest level in over two years.