July 25 (Thursday)

Markets
S&P 500 and Nasdaq close at record highs as tech sector shakes off new regulatory threat (C)
Chip Makers Help Lift U.S. Stocks (W)
The Municipal-Bond Market Is Now Controlled by Just a Few Firms (W)
Falling Real Yields Signal Worry Over U.S. Economy (W)

Central banks
Prospective Fed Nominee Judy Shelton Resigned From EBRD Job (W)
Investors Wonder if the ECB Can Do Enough to Make a Difference (W)
El-Erian: Are central banks losing their big bet?

US
U.S. New Home Sales Picked Up in June (W)
A U.S. Recession Isn’t Imminent If You Look at Google Trends (B)

Europe
Johnson Takes the Helm in Britain, Gears Up for Brexit Battle (W)

Geopolitics & trade
Europe Gets Caught in the U.S.-China Crossfire (W)
Treasury Secretary Finds No Security Concerns With Google Work in China (W)
North Korea Fires Two Projectiles off Its East Coast (W)
North Korea fires suspected missiles into ocean, nuclear talks in doubt (R)

Industries & companies
Airlines: Boeing could suspend 737 Max production if the planes’ return is delayed further, sending stock lower (C)
Autos: Tesla falls after posting wider-than-expected loss (C)
Autos: Tesla Slumps as Musk’s Expansion Plans Put Profit Out of Reach (B)
Autos: Ford shares plunge after earnings fall short, 2019 forecast disappoints (C)
FAANGs: Apple Comes First in Its App Store, Thwarting Rivals (W)
FAANGs: Facebook reports better than expected second-quarter results (C)
FAANGs: Facebook Posts Strong Earnings, Revenue Growth (W)
FAANGs: Facebook Board to Tighten Oversight, as Zuckerberg Keeps Control (W)
FAANGs: Treasury’s Mnuchin says Amazon ‘destroyed’ U.S. retail sector (R)
Pharma: Allergan Recalls Breast Implants After FDA Cites Lymphoma Link (W)
Tech: Big Tech’s Risks Aren’t Priced In (W)
Tech: PayPal Scales Back Outlook, Spooking Investors (W)

Corporate finance
U.S. Poised to Approve Merger of T-Mobile, Sprint (W)