February 06 (Wednesday)

Markets
U.S. Stocks Close Higher on Upbeat Earnings Reports (W)
Don’t Obsess Over the Earnings Season (W)
If stock investors missed January’s surge, they’re out of luck, says Goldman Sachs (MW)

Central banks
Fed gives banks more stress test information, unveils 2019 scenarios (R)
Fed to Include High Unemployment in 2019 Stress Test Scenario (W)

US
To Gauge the Health of the Economy, Look to Purchasing Managers (W)
Expansion of U.S. Services Sector Slowed in January (W)
U.S. Shutdown Robs Wednesday’s Productivity Report of Main Gauge (B)
Weak demand for U.S. consumer loans fuels spending outlook worries (R)
It’s not getting any easier to buy a house, and more Americans may just give up (MW)

China
For Chinese Startups, an Economic Slowdown Brings a ‘Freezing Winter’ (W)

US politics
Trump to ask Congress to act on aging infrastructure (R)
Wall or Fence? These Are the Barriers at the Border Now (W)
Beto O’Rourke Tells Oprah Winfrey He’s Considering White House Bid (W)
Alexandria Ocasio-Cortez’s Green New Deal would reshape the economy in 10 years. That could shock the energy sector (C)
Senate passes pro-Israel bill, measure also rebukes Trump (R)

Geopolitics & trade
U.S.’ Mnuchin, Lighthizer to hold talks next week in China: sources (R)
Wall Street Veteran Says U.S.-China Deal Will Be Sell Trigger (B)
U.S. lawmakers target China’s ZTE with sanctions bill (R)
Russia to Build New Missiles After Breakdown of Nuclear Pact (W)

Industries & companies
FAANGs: Apple Says Retail Chief Angela Ahrendts Leaving in April (B)
Finance: Here Are the Finance Firms Cutting Jobs After Turmoil in Markets (B)
Media: Disney beats on earnings and revenue, reports streaming subscriber growth (C)
Media: Disney says ESPN+ has 2 million paid subscribers, but streaming is still losing money (C)
Media: Disney expects to take a $150 million hit as it cuts ties with Netflix — and that’s okay (C)
Media: Disney Offers Fresh Details on Plans for Digital Future (W)
Media: Electronic Arts stock heads toward largest drop in more than a decade after earnings miss (MW)
Pharma: Drugmakers Blame Middlemen for Rising Drug Prices (W)
Tech: Snapchat Parent’s Revenue Jumps, Loss Narrows (W)

Corporate finance
Wall Street defends buybacks from Sanders, Schumer attack: ‘Good companies buy back their shares’ (C)

Offbeat
‘I Was Young’ Isn’t an Excuse: Business Leaders Need to Revisit Yearbooks (W)