Dow rises 300 points after Pelosi says she is ‘optimistic’ about possible stimulus deal; European stocks close lower on coronavirus caution, U.S. stimulus; Logitech jumps 16%; BELEX15 flat; Jedinstvo reduced no. of issued shares 
Stocks rose on Tuesday after House Speaker Nancy Pelosi signaled Democrats and the White House were making progress in negotiations for a new fiscal stimulus deal. The Dow Jones Industrial Average traded 250 points higher, or 0.9%. The 30-stock average was briefly up 300 points. The S&P 500 gained nearly 1% and the Nasdaq Composite advanced 0.8%. 
Procter & Gamble shares climbed 0.5% after the company reported sales growth of 9% for the previous quarter. The company’s earnings per share also topped analyst expectations. 

European stocks closed mostly lower on Tuesday, as concerns about the coronavirus in Europe, and a deadline for U.S. fiscal stimulus to be agreed, weighed on market sentiment. The pan-European Stoxx 600 closed down by 0.2% provisionally, paring earlier losses, with Germany’s DAX and France’s CAC shedding 0.9% and 0.3% respectively, while the U.K.’s FTSE 100 was marginally higher. In terms of sectors, tech stocks led the losses, down 1%, while banks climbed 0.9%. 
Logitech surged to the top of the European benchmark during Tuesday’s trade. The computer equipment maker reported a 75% jump in second-quarter sales, citing a boost in demand as many people adapt to working from home amid the pandemic. Shares of Logitech jumped almost 16%. 
UBS reported a net income of $2.1 billion for the third quarter on Tuesday, up 99% from the same period last year. Analysts had forecast reported net income of $1.5 billion for the quarter, according to data from Refinitiv Eikon. Shares of the world’s largest wealth manager rose almost 3% on the news. 

BELEX15 was basically flat, since major names were with no material changes. The most active was Komercijana Banka, with RSD 0.7m in volume. From the corporate side, we had a notification from Jedinstvo Sevojno, which says the company reduced its number of shares outstanding as part of own shares were annulled. The stock was up 3% yesterday. 
Source: CNBC, Ilirika