Aug 18 (Tuesday)
YRI
Morning Briefing PDF
Daily Markets
Markets
S&P 500 Finishes Just Shy of Record | W
Nasdaq hits record high close due to tech rally | R
Goldman Boosts S&P 500 Target By 20% As Strategists Catch Up | FA
Investor whose winning stock-market bet amid coronavirus returned over 4,100% says ‘we are in an epic, monumental boom-bust cycle’ | MW
ETFs pace for record year — these funds see highest inflows | C
US
As U.S. homebuilder confidence matches record high, mortgage delinquencies rise | R
$300 unemployment boost may last for only for 3 weeks | C
Japan
Japan’s Economy Contracts 7.8 Percent, Worst Decline on Record | N
Japan’s Economic Backslide Likely to Take Years to Reverse | W
India
Daimler Says India Truck Demand to Take Three Years to Return | B
US politics
As Democrats prepare to nominate Joe Biden, widespread fears about unfair election | R
House Democrats Set Vote on Bill to Bolster USPS | W
USPS: Senate Democrats demand reversal of new postal chief’s changes | C
Trump-appointed Postal Service chief to testify amid fears about U.S. election | R
Hillary Clinton slams Trump response to coronavirus, withdrawal from WHO | C
Geopolitics & trade
U.S. Tightens Restrictions on Huawei’s Access to Chips | W
Industries & companies
Energy: Chevron Pursues Exploration Deal in Iraq | W
Energy: Trump administration finalizes oil drilling plan in Alaska wildlife refuge | R
FAANGs: Justice Department Disagreement Arises Over Possible Google Antitrust Suit | W
FAANGs: ‘Fortnite’ maker accuses Apple, Google of illegal monopolistic practices in tech Battle Royale | MW
FAANGs: ‘Fortnite’ Creator Says Apple Is Threatening to Curb Access to Software Tools | W
Financials: American Express acquiring small business lender Kabbage | C
Tech: 5G Smartphones Could Crush Your Home Wi-Fi. So Where’s the 5G? | W
Utilities: California Gov. Gavin Newsom demands probe of power blackouts | C
Virus
China’s CDC, Built to Stop Pandemics Like Covid, Stumbled When It Mattered Most | W
Reports of COVID cases are growing on college campuses as schools bring students back for in-person classes | MW
University of North Carolina Retreats to Remote Learning for Undergrads After Coronavirus Outbreaks | W
Corporate finance
Why Hertz landed in bankruptcy court when its rivals didn’t | C
Robinhood announces another mega round, valuation soars to $11.2B | C
