Richard Drew / AP

Markets were generally flat on Wednesday, but the Dow eked out a 32-point gain to extend its winning streak to nine days, its longest run of record closes since 1987. The index was led by a 3.39% gain in DuPont, after a Bloomberg report stating that the firm would soon win approval from European regulators for its proposed merger with Dow Chemical.

Technology is ruining autos: J.D. Power's annual dependability study was released Wednesday, and the marketing firm announced that for the second year in a row technology-related problems lowered overall vehicle dependability. Consumers reported that problems with "infotainment" amenities like bluetooth connections or navigation systems accounted for roughly 25% of dependability issues.

French election poses a big risk: So says Darren Williams, an analyst with AllianceBernstein who argues that a presidential victory by the populist-nationalist Marine Le Pen would cause a "severe" market reaction, as it would lead investors to believe a subsequent European Union breakup would be likely. EU fans, however, breathed a sigh of relief at news Wednesday that centrist François Bayrou decided to throw his support to former Socialist economy minister Emmanuel Macron.

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Biden releases 2019 tax returns ahead of debate

Photo: Alex Wong/Getty Images

Joe Biden's campaign released his 2019 tax returns on Tuesday, showing that he and his wife, Jill, paid nearly $300,000 in federal taxes last year.

Why it matters: The release, timed just hours before the first presidential debate, comes days after a bombshell New York Times report said that President Trump paid only $750 in federal taxes in 2016 and 2017. Biden's team is hoping to make the tax contrast a sticking point during their showdown tonight.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2:15 p.m. ET: 33,454,037 — Total deaths: 1,003,571 — Total recoveries: 23,204,219Map.
  2. U.S.: Total confirmed cases as of 2:15 p.m. ET: 7,165,067 — Total deaths: 205,476 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Health: Americans won't take Trump's word on the vaccine, Axios-Ipsos poll finds.
  4. States: NYC's coronavirus positivity rate spikes to highest since June.
  5. Sports: Tennessee Titans close facility amid NFL's first coronavirus outbreak.
  6. World: U.K. beats previous record for new coronavirus cases.

NYC's coronavirus positivity rate spikes to highest since June

New York Mayor Bill de Blasio. Photo: Noam Galai/Getty Images

New York City's coronavirus positivity rate has ticked up to 3.25%, its highest since June, Mayor Bill de Blasio said at a news conference on Tuesday.

Why it matters: The jump — from 1.93% on Monday — came on the first day that public elementary classrooms reopened in the city after months of closures, but guidelines state that all public schools will have to shut if the citywide seven-day positivity rate stays above 3%.