March 06 (Friday)

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

Markets
Dow tanks more than 950 points as Wall Street’s roller-coaster week continues C
Wall Street drops over 3% on virus fears, travel shares slammed R
Wall Street Stock Pros Fess Up: ‘We Don’t Know What’s Going On’ B
Treasury 30-Year Bond Yield Falls Below 1.5% for First Time B

Central banks
Fed’s Kaplan: New infections key factor for rate decision R

US
Mortgage Rates Hit Record Low, but Coronavirus May Deter Buyers W
Venture firm Sequoia is sounding the alarm about the economy again as coronavirus spreads C

Europe
Coronavirus Fallout Puts Italy at Risk of Recession W

US politics
Biden Surges by Expanding the Democratic Electorate W
Biden Tax Plan Targeting Top Earners Would Raise $4 Trillion in 10 Years, Study Says W
Warren ends White House bid, leaving Biden, Sanders to fight for Democratic nod R
Elizabeth Warren’s Exit Spurs Competition for Her Voters W

Virus I
Virus Snarls Trans-Pacific Shipping, Ripples Through U.S. Business W
U.S. financial companies prep for new normal amid coronavirus outbreak R
Traders shipped to suburbia as banks activate coronavirus firewalls R
Lawmakers Say Banks Need Guidance on Virus-Related Workarounds B
Capitol Hill Stays Open as Lawmakers Fret About Working in ‘Petri Dish’ W
Costco Rides Coronavirus-Fueled Panic Buying W
That $400 Bottle of Hand Sanitizer Is Very Hard to Police B

Virus II
Online Map Tracks Coronavirus Outbreak in Real Time W
How the Coronavirus Spread From One Patient to 1,000 Now Quarantined in New York W
Schools Shut in Seattle Area as Virus Spreads W
Coronavirus hits two more U.S. states R
Coronavirus live updates: US cases jump to 197, deaths now total 12 C

Offbeat
JPMorgan CEO Dimon Has Emergency Heart Surgery B

Corporate finance
HP Rejects Xerox’s Raised Takeover Offer W