Jul 15 (Wednesday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Stock market today: Dow rises for a third straight day, rallies more than 500 points as Caterpillar leads | C
Why the S&P 500 doesn’t underperform despite U.S. inability to contain COVID-19 | MW
Dow futures jump 200 points after Moderna says its vaccine produces antibodies to coronavirus | C
Asian markets set to shake off coronavirus spread, U.S.-China tensions | R
Central banks
Fed officials warn on ‘thick fog’ ahead for U.S. economy as recovery concerns deepen | R
Fed’s Brainard Sees Substantial Economic Risks and Slow Recovery | W
Fed’s Bullard Says Economy Can Rebound in Second Half of Year | W
Fed’s Kaplan says the U.S. economy will see above-trend growth in 2021 | C
US
Inflation Expectations Are Wrong, Which Is Good | W
U.S. June Consumer Prices Rose Sharply as Reopenings Prompted More Buying | W
New Ivanka Trump initiative tells out-of-work Americans to ‘find something new’ | NN
Emerging
Lower Borrowing Costs Can’t Save India’s Shadow Banks in Crisis | B
Japan
Japan manufacturers’ mood pinned near 11-year lows as pandemic hammers global demand | R
US policies & politics
Trump Administration Asserts Control Over Coronavirus Data | N
Trump says U.S. would have half the number of coronavirus cases if it did half the testing | C
Trump administration rescinds order blocking foreign students taking classes online from living in the U.S. | C
Joe Biden Unveils $2 Trillion Plan to Combat Climate Change | W
Geopolitics & trade
Trump says he is ‘not interested’ in trade talks with China | R
Trump says he signed executive order ending preferential treatment for Hong Kong | R
Trump signed law slapping sanctions on China for interference in Hong Kong | C
Industries & companies
Aerospace: Boeing Reports More MAX Cancellations | W
Airlines: Delta Trims Flying Amid Coronavirus Pandemic | W
Autos: Auto Makers Grapple With Worker No-Shows as Covid-19 Cases Surge | W
Autos: Texas county approves tax breaks for a new Tesla factory near Austin | C
Autos: GM Faces Battle in China to Regain Lost Ground | W
Biotech: Biopharma NanoViricides sees stock soar on coronavirus claims | C
FAANGs: Amazon launches neighborhood health clinics for warehouse workers | C
Financials: Despite recession, JPMorgan Chase just posted record revenue — here’s how they did it | C
Financials: ‘This Is Not a Normal Recession’: Banks Ready for Wave of Coronavirus Defaults | W
Virus I
Moderna’s Covid-19 Vaccine Moves to Bigger Study | W
Moderna shares jump as much as 16% after company says its coronavirus vaccine trial produced ‘robust’ immune response | C
Fauci hopeful that vaccines will give coronavirus immunity in 18 months | BI
Coronavirus vaccine is closer than the market thinks: Jeremy Siegel | C
We’re wasting time talking about herd immunity (opinion) | NN
Virus II
CDC says U.S. could get coronavirus under control in one to two months if everyone wears a mask | C
Opinion | A Shutdown May Be Needed to Stop the Coronavirus | N
As U.S. Surge in Coronavirus Cases Continues, Some States Tighten Rules | W
Israelis Fear Schools Reopened Too Soon as Covid-19 Cases Climb | W
Coronavirus: RNC considers holding August convention in Florida outdoors | C
Offbeat
Opinion | 10 Theses About Cancel Culture | N
Supreme Court Justice Ruth Bader Ginsburg hospitalized for possible infection | C
