April 30 (Thursday)

YRI
Morning Briefing PDF 
Daily Markets

Markets
The Bad News Won’t Stop, but Markets Keep Rising N
Stock market today: Stocks jump 2%, putting the S&P 500 on track for its best month since 1974 C
Stocks Rise on Hopes for Coronavirus Treatment W
The stock market is up from its coronavirus dip. Should you sell? C
Longer-Dated Treasury Yields Rise W

Central banks
Fed decision: Interest rates to be kept near zero until full employment, inflation come back C
Fed’s Powell Says More Spending Will Be Needed From Congress W
Powell Says More Action Needed to Shield U.S. Economy From Virus B
Fed lending programs may get more funds, but not airlines: Treasury’s Mnuchin R
Mnuchin Says U.S. Aims to Get Back Its Money From Fed Programs W

US
U.S. Economy Shrank at 4.8% Pace in First Quarter W
U.S. Economy Shrank at Fastest Pace Since 2008 W
Rent Is Due Again and Missing Payments Have Landlords Worrying B
U.S. Marriage Rate Plunges to Lowest Level on Record W

US politics
Trump Says He’s Ready to Hit the Road to Arizona, Coronavirus or Not W

Geopolitics & trade
Russia’s Aging Infrastructure Threatens Oil Output Pact W
Who Might Succeed North Korea’s Kim Jong Un? W

Industries & companies
Aerospace: Boeing and Airbus Brace for Prolonged Downturn W
Autos: Tesla rises as company ekes out a Q1 profit C
FAANGs: Facebook soars after reporting ‘stability’ in ad revenue after fall in March C
FAANGs: Amazon is Wall Street’s biggest winner from coronavirus R
FAANGs: U.S. Tags Amazon Sites as ‘Notorious Markets’ W
Financials: Mastercard’s Contactless Transactions Jump More Than 40% W
Media: Amazon, NFL Extend Streaming Deal for Three More Seasons W
Restaurants: Charts: Two Months That Tore Apart the Food Chain W
Tech: Microsoft’s stock rises after company reports 15% sales jump and says coronavirus had ‘minimal’ impact on revenue C
Tech: Qualcomm rises after earnings, but sees 30% drop in phone shipments in future C

Virus I
FDA in talks with Gilead to make remdesivir available to coronavirus patients ‘as quickly as possible’ C
Trump’s ‘Operation Warp Speed’ Aims to Rush Coronavirus Vaccine B
Coronavirus testing chief says ‘no way on Earth’ US can test 5 million a day C
Miscalculations at Every Level Left U.S. Unequipped to Fight Coronavirus W
Young Doctors Struggle to Treat Coronavirus Patients: ‘We Are Horrified and Scared’ W

Virus II
Some States Lifted Coronavirus Restrictions, but Did People Go Out? W
U.S. Cases Rise 2.7%; Florida to Reopen Some Areas: Virus Update B
Both New Zealand and Australia Contained Coronavirus, but One Is Set to Pay a Heavier Price W

Virus III
Cargill Plant With 20% of Alberta’s Virus Cases to Reopen B
Pilgrim’s Pride Says Chicken Markets Are Volatile and Challenging B
Lockdowns change fitness industry forever—how workouts will look C

Corporate finance
Exclusive: Chesapeake Energy preparing bankruptcy filing R