US equity-linked rides high as 2020 draws to a close

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US equity-linked rides high as 2020 draws to a close

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(201110) -- NEW YORK, Nov. 10, 2020 (Xinhua) -- Pedestrians walk past the New York Stock Exchange in New York, the United States, Nov. 9, 2020. U.S. stocks finished mixed on Monday as investors digested news regarding a coronavirus vaccine candidate. The Dow Jones Industrial Average soared 834.57 points, or 2.95 percent, to 29,157.97. The S&P 500 was up 41.06 points, or 1.17 percent, to 3,550.50. The Nasdaq Composite Index decreased 181.45 points, or 1.53 percent, to 11,713.78. (Xinhua/Wang Ying) | Wang Ying/Xinhua News Agency/PA Images

Convertible bond issuance in the Americas is poised to top $100bn in 2020 as the year enters its final straight and companies look to use the momentum of Joe Biden’s victory in the presidential election and the prospect of a working Covid-19 vaccine on the near horizon to raise capital.

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