Jul 08 (Wednesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock market today: S&P 500 falls for the first time in six days, Nasdaq retreats from record high | C
Stock futures flat following sell-off on Wall Street | C
Wall Street drops after strong rally as COVID-19 cases mount | R

Central banks
Fed policymakers worry growth plateauing, pledge more support | R
Fed’s Mester says economic growth ‘leveling off,’ sees more help needed | C

US policies & politics
Trump: We will pressure governors to reopen schools amid coronavirus | C
Movie theater chains sue New Jersey over coronavirus-related closures | R
‘Time Is Always Money’: Pandemic Lockdowns Hasten Infrastructure Work | N
Mary Trump book: President is a ‘narcissist’ and the son of a ‘sociopath’ | C

Europe
EU sees deeper recession, less steep rebound for euro zone | R

Geopolitics & trade
The U.S. is looking at banning TikTok—Here’s what you should know | C
Exclusive: U.S. probing allegations TikTok violated children’s privacy – sources | R

Industries & companies
Retail: Walmart’s stock rises 7% on report of Amazon Prime competitor coming this month | C

Virus I
WHO acknowledges ‘evidence emerging’ of airborne spread of COVID-19 | R
WHO says coronavirus deaths could start to rise again after cases accelerated in recent weeks, shouldn’t ‘be a surprise’ | C
Sweden Has Become the World’s Cautionary Tale | N

Virus II
Texas says new coronavirus cases jumped by more than 10,000 for the first time | C
Coronavirus strains Florida health system as some hospitals run out of ICU beds in largest counties | C
Brazil’s Bolsonaro catches coronavirus, shrugs off health risks | R
MLB Covid-19 testing hits snag because FedEx didn’t run over July 4 | C

Technology
Our Cash-Free Future Is Getting Closer | N