Sep 02 (Wednesday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Stock market today: Dow rises 100 points to start September, Nasdaq up 1% as Apple leads tech higher | C
The pros are getting ready for a market crash — retail investors, not so much, top economist warns | MW
U.S. Stocks Turn Higher on Factory Data | W
Central banks
Fed’s Mortgage-Buying Spree at $1 Trillion With No End in Sight | B
Fed Official Says Economy Faces High Uncertainty, Prominent Risks | W
Ex-Fed Chief Yellen Defends Rate Increases Under Her Watch | B
US I
U.S. and Global Factory Output Picks Up, but Jobs Picture is Mixed | W
U.S. factory activity accelerates as orders jump to more than 16-1/2-year high | R
Job growth expected to slow sharply over the next decade, Labor Department says | C
Summer Fuel Demand Disappoints, Challenging Economy | W
US II
Here’s an overlooked way to play the ‘stuck-at-home’ trend in the stock market | MW
New Yorkers Are Fleeing to the Suburbs: ‘The Demand Is Insane’ | N
New York City Delays School Reopening | W
Child care has always been essential to our economy — let’s start treating it that way | TheHill
US politics & policies
Mnuchin Urges Congress to Pass More Stimulus Funding | W
Small-Business Failures Loom as Federal Aid Dries Up | N
Thousands of small-business loans may have been fraudulent, U.S. House panel finds | R
Coronavirus: Democrats say PPP helped businesses, but wasted billions | C
Today is the first day of the payroll tax deferral. Here’s what we know | C
One stock-market metric has predicted presidential election results since 1984 | MW
Europe
Germany Expects V-Shaped Economic Rebound From Coronavirus | W
Virus I
New U.S. Coronavirus Infections Slow to Lowest Level in More Than Two Months | W
94% of Americans who died from COVID-19 had contributing conditions: CDC | P
Fauci debunks theories of low CDC coronavirus death toll | C
U.S. advisors recommend four phases for distributing coronavirus vaccine nationwide | C
HHS deploys Abbott’s new coronavirus tests to states hit by wildfires, hurricanes | C
Virus II
Key to Preventing Covid-19 Indoors: Ventilation | W
Can Covid Be Treated With Convalescent Plasma? NIH Says Not Enough Evidence | B
Top U.S. health officials warn Labor Day will be essential for containing coronavirus this fall | C
Geopolitics & trade
Shinzo Abe’s Departure Throws Wrench Into U.S.-Japan Ties | W
Industries & companies
Autos: Only 19% of Tesla analysts say buy the stock while investors remain ‘insatiable’ | MW
Consumer: Coffee, ketchup and Nike Air Max: it’s the COVID consumer economy | R
FAANGs: Amazon seeks intelligence analyst to track ‘labor organizing threats’ | C
Retail: Retail Eviction Proceedings Pick Up as Economy Restarts | W
Retail: Walmart Tries Again to Find Its Answer to Amazon Prime | W
Retail: L.L. Bean CEO: Demand for winter gear already spiking during pandemic | C
Retail: Beauty Stocks Face New Reality Amid Coronavirus Pandemic | W
Corporate finance
Tesla to Sell Up to $5 Billion in Stock | W
AT&T Explores Potential Sale of Xandr Digital Ad Unit | W
Offbeat
Tesla employee foregoes $1M payment, works with FBI to thwart cybersecurity attack
