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Stock market volatility is back in a big way: The Dow is set for a big rally Friday after a two-day meltdown.Dow futures pointed to a 350-point jump at the open. The Dow lost 1,378 points over Wednesday and Thursday.The broader S&P 500 also looked like it would rally, with futures about 0.9% higher. The Nasdaq, which has taken the brunt of the recent stock market turbulence, was set to rise 1.5%.Why are markets suddenly bouncing back? News late Thursday that President Donald Trump would meet next month with Chinese leader Xi Jinping at the G-20 summit eased some of investors' fears about another trade war escalation. On Friday, China reported its exports rose nearly 15% in September, stronger than expected. That suggests China is weathering the first waves of new tariffs that the Trump administration imposed on billion of Chinese exports this summerEarnings season also kicked off Friday morning, with JPMorgan (JPM) and Citigroup (C) reporting their quarterly finances before the bell. Wall Street analysts expected banks to post another incredibly profitable quarter — and JPMorgan managed to beat their already lofty expectations.In times of market turbulence, there's nothing like soaring profits to calm investors' nerves.Tech stocks have come under fire because they are some of the riskiest and most expensive parts of the market. Investors fear that tech companies may not hold up well in a downturn, particularly as interest rates spike. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.But Big Tech on Friday looked to regain some of their losses. Facebook (FB) rose 1%, Amazon (AMZN) was up 3%, Apple (AAPL) rose 2%, Netflix (NFLX) was up 4% and Google (GOOGL) bounced back 2%.Asian and European markets also came back Friday. The Hang Seng soared 2.2%. Stocks in Shanghai rose 0.9% and the Nikkei rose 0.5%. Stocks in London, Germany and France all rose about a half percentage point.Stocks had turned sharply south over the past week because investors are concerned about rising interest rates. As the Federal Reserve raises rates to keep the economy from overheating, investors have been getting out of bonds, driving down their price and driving up their yields. Suddenly, the return on bonds has become competitive with some stocks — particularly risky tech stocks.Rising interest rates also increase borrowing costs for households and businesses, eating into corporate profits.The VIX volatility index touched its highest level since February.The-CNN-Wire 2531

Stock market volatility is back in a big way: The Dow is set for a big rally Friday after a two-day meltdown.Dow futures pointed to a 350-point jump at the open. The Dow lost 1,378 points over Wednesday and Thursday.The broader S&P 500 also looked like it would rally, with futures about 0.9% higher. The Nasdaq, which has taken the brunt of the recent stock market turbulence, was set to rise 1.5%.Why are markets suddenly bouncing back? News late Thursday that President Donald Trump would meet next month with Chinese leader Xi Jinping at the G-20 summit eased some of investors' fears about another trade war escalation. On Friday, China reported its exports rose nearly 15% in September, stronger than expected. That suggests China is weathering the first waves of new tariffs that the Trump administration imposed on billion of Chinese exports this summerEarnings season also kicked off Friday morning, with JPMorgan (JPM) and Citigroup (C) reporting their quarterly finances before the bell. Wall Street analysts expected banks to post another incredibly profitable quarter — and JPMorgan managed to beat their already lofty expectations.In times of market turbulence, there's nothing like soaring profits to calm investors' nerves.Tech stocks have come under fire because they are some of the riskiest and most expensive parts of the market. Investors fear that tech companies may not hold up well in a downturn, particularly as interest rates spike. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.But Big Tech on Friday looked to regain some of their losses. Facebook (FB) rose 1%, Amazon (AMZN) was up 3%, Apple (AAPL) rose 2%, Netflix (NFLX) was up 4% and Google (GOOGL) bounced back 2%.Asian and European markets also came back Friday. The Hang Seng soared 2.2%. Stocks in Shanghai rose 0.9% and the Nikkei rose 0.5%. Stocks in London, Germany and France all rose about a half percentage point.Stocks had turned sharply south over the past week because investors are concerned about rising interest rates. As the Federal Reserve raises rates to keep the economy from overheating, investors have been getting out of bonds, driving down their price and driving up their yields. Suddenly, the return on bonds has become competitive with some stocks — particularly risky tech stocks.Rising interest rates also increase borrowing costs for households and businesses, eating into corporate profits.The VIX volatility index touched its highest level since February.The-CNN-Wire 2531

Texas kicked off early voting Tuesday. People stood in long lines, voting in ways they've never done before. Some lined up before daylight on sidewalks outside major sports arenas to allow for more physical distancing.Early voting started Monday in Georgia and nearly 127,000 people cast their ballot, a first day record for the state.“There were hours-long wait times in some locations and glitches that added to the challenges,” said Mike Lydon, a principal at Street Plans. “Voting rights and having access to a safe and convenient polling location is going to really drive participation.”Street Plans is an urban planning and consulting firm that deals with transportation. They got a grant over the summer to put together a physical design plan for cities to best cope with social distancing, capacity restrictions and high voter turnout.“How you can make use of streets and public spaces to alleviate some of those issues and of course add some comfort elements like tents, seats, sanitation stations periodically throughout the queue,” said Lydon.The plans cover all types of polling locations, and how to properly do drive-up, curbside, outdoor and indoor voting.There are many potential problems for election officials when situations can change quickly.“COVID being this unknown variable, you could have a spike in the next three weeks at a certain location and that might totally change what was planned for in person indoor voting to go outdoors,” said Lydon.Street Plans is also offering free consulting assistance to cities. The plans are also free to download on their website StreetPlans.com. 1616

Statistics released by the U.S. Consumer Product Safety Commission on Friday claimed that 10,000 Americans were injured from firework mishaps in 2019, resulting in 12 fatalities.The agency says that 73% of the incidents occurred between June 21 and July 21. While seemingly more harmless than other fireworks, sparklers accounted for a plurality of the injuries, resulting in 900 injuries, half of those were from children under the age of 5.The CSPC said that fireworks killed at least 12 Americans in 2019, several of the deaths happened when victims held and ignited fireworks.With many local firework shows canceled or postponed this summer, there is concern over even more mishaps occurring this summer."Many Americans will not get to see the grand, professional fireworks displays this 4th of July given the cancellations of public celebrations and stay-at-home orders across the country. As an alternative, people are purchasing their own fireworks in an effort to recreate that tradition at home," said CPSC Commissioner Dana Baiocco. "The need for safety awareness regarding fireworks is greater than ever," she said, "and anyone who plans to use consumer fireworks this year should review and follow CPSC's simple safety tips to prevent injuries and incidents."The CSPC issued the following tips for a safe celebration:Never allow young children to play with, or ignite, fireworks, including sparklers. Sparklers burn at temperatures of about 2,000 degrees Fahrenheit—hot enough to melt some metals.Keep a bucket of water or a garden hose handy, in case of fire or other mishap.Light fireworks one at a time, then move away quickly.Never try to relight or handle malfunctioning fireworks. Soak them with water and throw them away.Never place any part of your body directly over a fireworks device when lighting the fuse. Move to a safe distance immediately after lighting fireworks.Never point or throw fireworks (including sparklers) at anyone.After fireworks complete their burning, douse the spent device with plenty of water from a bucket or hose before discarding the device to prevent a trash fire.Make sure fireworks are legal in your area, and only purchase fireworks that are labeled for consumer (not professional) use.For more fireworks safety tips, visit www.cpsc.gov/fireworks. 2308

The American Academy of Pediatrics said 61,000 children in the United States tested positive for COVID-19 last week.The medical professionals said the new child cases reported is the highest weekly figure since the pandemic began. The cases were reported in a one-week period that ended Oct. 29.The organization said that since the pandemic began up to Oct. 29, more than 853,000 children tested positive for the coronavirus. During October, nearly 200,000 new cases in children were reported by state health departments, who track the data"This is a stark reminder of the impact this pandemic is having on everyone – including our children and adolescents," said AAP President Sally Goza, MD, FAAP said in a press release. "This virus is highly contagious, and as we see spikes in many communities, children are more likely to be infected, too. We can help protect everyone in our communities by keeping our physical distance, wearing masks, and following other recommendations from our doctors and public health experts."The AAP said it believes the number of children with COVID-19 is higher because children's symptoms are often mild, and medical professionals may not test them for every illness." 1210