March 03 (Tuesday)

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

Markets
Stocks Rebound, With Dow Industrials Rising 5% on Stimulus Hopes W
Dow roars back from coronavirus sell-off with biggest gain since 2009, surges 5.1% C
For signs that the stocks panic is over, watch bonds R
Managed Care Stocks Jump After Klobuchar Exit Dents Sanders Bid B

Commodities
Coronavirus Hits Once-Isolated U.S. Natural Gas Market W

Central banks
With the Fed expected to ease, doubts arise over whether rate cuts will help C

Global
China’s Coronavirus Freeze Threatens the Global Economy NYT
Global Manufacturing Shrinks Most Since 2009 on Virus Pain B
Global Growth to Slow Sharply as Virus Takes Heavy Toll, OECD Says W

US
U.S. manufacturing sector stalls as coronavirus hits supply chains R

US politics
What Sanders’ ‘Medicare for All’ proposal actually says NN
Buttigieg will join Klobuchar in endorsing Biden NN
Sen. Amy Klobuchar will drop out of the presidential race, endorse Joe Biden C
Hillary Clinton must testify in email case, judge rules C

Geopolitics & trade
U.S. Orders Chinese State Media to Cut Staff in U.S. by 40% B

Industries & companies
Financials: Coronavirus Heaps Misery on Europe’s Ailing Banks W
Media: AT&T Adds Another TV Option to Lure Cord-Cutters W
Pharma: Gilead Sciences to Buy Forty Seven for $4.9 Billion W

Virus
China’s Wuhan closes coronavirus hospital as officials hail drop in new cases R
Virus Cases Grow Outside China, Where Pace Slows N
Seattle-area officials report new coronavirus deaths, bringing US total to 6 C

Offbeat
Nothing Gets the Search Queries Going Faster Than a Crazy Market B
How Iraq Pulled Off One of the Biggest Sovereign Debt Restructurings of All Time B