May 28 (Thursday)
YRI
Morning Briefing PDF
Daily Markets
Markets I
Dow Climbs Above 25000 as Optimism Builds W
The Dow just punched above an important line in the sand that may signal that a record high is next MW
Dow futures point to modest gains after index pops back above 25,000 C
Markets II
The Stock Market and Consumer Sentiment Are Telling Different Stories W
Jim Cramer: Bull investors are ‘confused’ about the economic recovery C
Investors Pile Into Stocks That Win in a Full Economic Recovery B
Central banks
Fed’s Williams: Economy May Be Bottoming As Fed Weighs Yield-Curve Control W
U.S. businesses hammered by pandemic but see some green shoots, Fed says R
Global
World’s Biggest Lockdown to Push 12 Million into Extreme Poverty B
US
Reopening the economy only works if people return to work
‘Just Sitting in Limbo.’ For Many Professionals, Careers Are on Hold. N
As Coronavirus Lockdown Rules Ease, Some Want to Keep Working From Home W
Europe
European Union Plans $2 Trillion Coronavirus Response Effort W
Japan
Japan Bank’s Foray Into Risky U.S. Debt Leaves $3.7 Billion Hole W
China
China Forgets the Coronavirus. A Writer Explores Its Amnesia. N
US politics
Trump threatens to ‘regulate’ social media platforms. His options may be limited NN
Trump to sign executive order on social media on Thursday, White House says C
Twitter’s Labels for Trump Tweets Show Platforms’ Split Over Political Speech W
Geopolitics & trade
Revoking Hong Kong’s special status is Trump’s ‘nuclear option’ that could trigger irrevocable U.S.-China split, analysts warn MW
Pompeo declares Hong Kong no longer autonomous from China C
U.S. weighs options ‘across the spectrum’ to punish China over Hong Kong R
House sends China sanctions bill to Trump’s desk as tensions escalate C
U.S. Seizure of Chinese-Built Transformer Raises Specter of Closer Scrutiny W
USTR disagrees with U.S. court’s ruling allowing some solar panel imports R
Huawei CFO loses major battle in extradition fight C
Industries & companies
Aerospace: Boeing cutting more than 12,000 U.S. jobs, thousands more planned R
Aerospace: Boeing resumes production of beleaguered 737 Max C
Entertainment: Disney World to Reopen Gradually Starting July 11 W
FAANGs: HBO Max Is Left Out of Amazon’s, Roku’s Platforms at Launch W
Media: HBO Max launch: Here’s everything you need to know C
Pharma: FDA Finds Carcinogen in Some Versions of Diabetes Drug Metformin B
Retail: Tuesday Morning is about to close 130 stores. Here’s a map of where they are C
Virus
Covid Deaths Reach 100,000 in the U.S.
Over 80% of coronavirus patients on cruise ship had no symptoms, study says C
Fauci Warns About Hydroxychloroquine and In-Person Party Conventions W
‘Vaccine Nationalism’: A New Dynamic in the Race to Quash Coronavirus W
Quest Diagnostics hopes to nearly double coronavirus test capacity by end of June, CEO says C
Offbeat
SpaceX and NASA postpone historic astronaut launch due to bad weather C
