February 20 (Thursday)

Markets
Stocks Gain as China Pledges to Support Businesses W
S&P 500, Nasdaq hit record closing highs, lifted by China stimulus hopes R
Markets may face ‘pretty serious reckoning’ as coronavirus slows growth, Yale’s Stephen Roach says C
Goldman says market underestimating coronavirus risk: ‘Correction is looking much more probable’ C
JP Morgan’s trading guru says the bubble in defensive and tech stocks ‘will likely collapse’ C
Gold Just Hit a Seven-Year High on Virus FearsB

Central banks
Fed policymakers cautiously optimistic on U.S. economy despite new risks, minutes show R
Fed’s Kashkari Expects Rates to Remain SteadyW
Bank of America warns negative U.S. rates could hurt operations R

US
U.S. housing starts fall, building permits near 13-year high R

Europe
Big Tech to Face More Requirements in Europe on Data Sharing, AI W

China
Investors Fume as China Develops New Playbook for State-Backed Bonds W
China Expels Three Wall Street Journal Reporters W

US politics
Bloomberg’s transaction tax sets stage for clash with Wall Street clients R
Bloomberg Bankrolls a Social-Media Army to Push Message W
Several Joe Biden fundraisers jump ship from his struggling campaign to back Mike Bloomberg C
Mike Bloomberg has a rocky history with unions – here’s how it could affect the Democratic primary campaign C
Warren Gets Help From Super PAC W
Trump offered to pardon Assange, lawyer says R

Industries & companies
Industrials: GE, Hurt by Boeing, Pitches for New Deal With Airbus W
Media: Cord-Cutting Accelerates, Raising Pressure on Cable Providers W

Corporate finance
Energy Companies Face Looming Debt BurdenW

Virus
China Struggles to Give Care to Patients Without Coronavirus W
South Korea Infections Surge; New Hubei Cases Drop: Virus Update B

Offbeat
California to make state buildings available to house homeless R

YRI Express
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