April 25 (Thursday)

YRI
YRI Video Podcast: S&P 500 Run, Forrest, Run!
Daily Markets Overview

Markets
U.S. Stocks Tick Lower a Day After Hitting Records (W)
Why stock-market investors aren’t suffering ‘FOMO’ despite return to all-time highs (MW)
This Earnings Season, a Miss Hurts Even More (W)
How China’s $13 Trillion Bond Market Will Be a Trade-War Winner (B)

Central banks
Rates Traders May Be Thinking of a 1998-Style Fed Rate Reduction (B)
Moore Hopeful for Fed Post, but Would Bow Out If Liability (W)

US politics
Polls show Joe Biden entering the Democratic primary with a significant lead (C)
Hillary Clinton Tells Congress to Treat Mueller Like Watergate (B)
Trump Digs In for Battle Over Congress’s Power to Investigate (B)

Geopolitics & trade
North Korea’s Kim Seeks Russia Support at First-Ever Summit With Putin (W)

Industries & companies
Autos: Tesla misses big on first-quarter earnings as demand fell for its electric cars (C)
Autos: Elon Musk says Tesla will launch an insurance product in about a month (C)
FAANGs: Facebook jumps as Stories users and ads show promising growth (C)
FAANGs: Facebook Sets Aside $3 Billion to Cover Expected FTC Fine (W)
FAANGs: Netflix Fights to Keep Coveted Shows: Old Reruns (W)
Financials: Venmo Has 40 Million Users, Outnumbering Most Big Banks (W)
Media: ‘Avengers: Endgame’ Prompts Theaters to Plan 24-Hour Screenings, Double the Popcorn (W)
Restaurants: Domino’s CEO: We need 25,000 stores by 2025 to accomplish our objectives (C)
Restaurants: Chipotle earnings top estimates as digital sales double, boosts same-store sales outlook (C)
Tech: Microsoft hits $1 trillion market cap after earnings beat estimates (C)

Corporate finance
SoftBank to Invest $1 Billion in Payments Firm Wirecard (W)
Deutsche Bank, Commerzbank Merger Talks Far From Accord (W)
Occidental Launches Rival Anadarko Bid, Topping Chevron (W)