February 25 (Tuesday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview
(also see new Chart of the Day below)

Markets
Dow futures rise 150 points in overnight trading following the measure’s worst drop in 2 years C
Dow plunges 1,000 points on coronavirus fears, 3.5% drop is worst in two years C
Wall Street plunges on fears of coronavirus pandemic R
Turnaround Tuesday? Stocks tend to bounce back quickly from market drops like this one C
Health insurer shares pummeled by Sanders surge, virus worries R

Central banks
Markets bet Fed is pushed to cut rates in coronavirus response R
With Current Tools, Fed Unlikely To Sustainably Hit Inflation Target: Fed Paper W

Virus I
Coronavirus’s Global Spread May Not Be Contained, WHO Says W
Coronavirus live updates: China reports 508 new cases, 71 additional deaths C
Japan’s Nishimura says need to pay close attention on coronovirus impact R
Drugmaker Ships First Experimental Coronavirus Vaccine for Human Tests W
Don’t buy China’s story: The coronavirus may have leaked from a lab P
Coronavirus could be a ‘catalyst’ for China to boost its mass surveillance machine, experts sayC

Virus II
Fear of Coronavirus, Rather Than Virus Itself, Hits Economies W
Mastercard shares drop after company warns coronavirus may hit 2020 revenue C
Apple’s China iPhone Sales Dropped in January as Virus Emerged B
Citi, Credit Suisse among banks curbing Italy trips on coronavirus fears: sources R

China
With Migrant Workers in Limbo, Part of China’s Economy Is Stalled W

US politics
Sanders says ‘it’s unfair to simply say everything is bad’ with Fidel Castro’s Cuba NN
Bernie Sanders is blatantly wrong: We’re far better off than in 1975 P
Facebook Probed Suspicious Pro-Sanders Content W
U.S. Democrats want Russia sanctions over 2020 election interference R

Geopolitics & trade
Trump Kicks Off India Visit With Massive Rally W
U.S. Considers Expelling Chinese Journalists After Americans Barred B

Industries & companies
Energy: Exxon Drops to 15-Year Low Ahead of Annual Strategy Presentation B
Energy: Investors Retreat From Oil Firms in Sign of Rising Skepticism W
Retail: Toy Industry Looks to YouTube Talent for Next Generation of Merchandise W

Corporate finance
HP to Buy Back $15 Billion in Stock to Battle Xerox Takeover Bid W
Salesforce, Silver Lake Pump Money Into ServiceMax W

Offbeat
Glass, Once the King of Packaging, Seeks a Comeback W
Austin, Nashville Rank at Top of Hottest Job Markets W