U.S. stocks finished lower Tuesday, after moving between small losses and gains throughout the session, ahead of the first presidential debate before the November election.

How did stock indexes perform?

The Dow Jones Industrial Average

fell 131.40 points, or 0.5%, to end at 27,452.66; while the S&P 500 index

closed 16.13 points, or 0.5%, lower at 3,335.47, and Nasdaq Composite Index


32.28 points, or 0.3%, finishing at 11,085.25. All three major equity indexes snapped three sessions of gains.

On Monday, the S&P 500 rose 53.14 points, or 1.6%, to end at 3,351.60. The Nasdaq climbed 203.96 points, or 1.9%, to close at 11,117.53. The Dow advanced 410.10 points, or 1.5%, finishing at 27,584.06, while booking its third session of gains in a row.

What drove the market?

After a positive start to kick off the final week of trading in September, major equity-indexes fell, with the global tally of COVID-19 deaths surpassing a milestone of one million.

Read: Coronavirus tally: Global deaths of COVID-19 top 1 million, 33.4 million cases and U.S. counts more than 250,000 deaths

The handling of the pandemic and plans for the U.S.’s economic recovery are topics on the roster for the presidential debate between Republican President Donald Trump and Democratic challenger, former Vice President Joe Biden in Cleveland Tuesday evening. The U.S. has the highest case tally at 7.1 million, and highest death toll at 205,085 of any country.

Investors will be looking for further guidance on new policy measures from Trump and more signs that Biden is prepared to take the reins as commander-in-chief, should he prevail in the November contest.

Overall, the debate which starts at 9 p.m. ET could help to set the tone for markets for the next 35 days until the

BRUSSELS (Reuters) – Alphabet’s Google is set to win EU antitrust approval for its $2.1 billion purchase of fitness tracker maker Fitbit to take on Apple and Samsung in the wearable technology market, people familiar with the matter said.

FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Google logo in this illustration picture taken, November 8, 2019. REUTERS/Dado Ruvic/File Photo

The world’s most popular internet search engine on Tuesday offered fresh concessions to the European Commission in a bid to address concerns the deal could entrench Google’s power in online advertising and boost its trove of data.

Google said it had offered to restrict the use of Fitbit data for Google ads and would also tighten the monitoring of that process, confirming a Reuters report. The offer is based on a July proposal.

“We’re also formalizing our longstanding commitment to supporting other wearable manufacturers on Android and to continue to allow Fitbit users to connect to third party services via APIs (application programming interfaces) if they want to,” Google said in a statement.

Third parties will also continue to have access to Fitbit users’ data, with users’ consent.

The concessions, reported earlier by Reuters, are set to clear the way for the deal to be approved, the people said.

The Commission, which is scheduled to decide on the deal by Dec. 23, declined to comment. Its decision could come earlier than the deadline.

The EU competition enforcer will now seek feedback from rivals and customers before deciding whether to accept Google’s concessions, demand more, or either clear or block the detail.

Last month, it rejected Google’s pledge not to use the fitness tracker’s data for advertising purposes in a bid to address competition concerns, saying that it was insufficient.

The deal has drawn criticism from healthcare

NEW YORK/LONDON/HONG KONG (Reuters Breakingviews) – Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

An Uber sticker is seen on driver Margaret Bordelon’s car in Lafayette, Louisiana, U.S. February 16, 2020. Picture taken February 16, 2020. REUTERS/Callaghan O’Hare


– Amazon

– Uber

SUBORDINATE PRIME. Amazon.com is pressing ahead with its manufactured “Prime Day” for Oct. 13 and 14. The shopping event devised to lure consumers with deals during a lull in the calendar was postponed in July because of the pandemic.

The question that raises is why Amazon even bothers with the extravaganza, given the extent to which Jeff Bezos’ outfit has wiped the floor with rivals during the coronavirus pandemic. A survey from Bank of America published on Monday found broadly that nearly one-third of respondents are doing 60% of their shopping online versus 9% pre-Covid. Six out of 10 surveyed plan to spend more online in the future.

Besides, Amazon has Prime members locked up “at the highest level” Bank of America has seen, with almost 80% of respondents “unlikely” or “very unlikely” to cancel their membership. When every day is Prime day, why make it a holiday? (By Jennifer Saba)

RIDE OUT THE STORM. Uber Technologies has received a timely boost in London, where a judge deemed it “fit and proper” to continue operating its services. The verdict follows a decision last November by Transport for London to suspend Uber’s license over safety concerns. It’s a rare bit of good news for Uber Chief Executive Dara Khosrowshahi, who in August reported a 67% year-on-year decline in quarterly revenue because of the pandemic.

There are reasons to be cautious. Uber will have to renew its license after 18 months and has