Oct 09 (Friday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Wall Street ends higher as Trump boosts hopes of stimulus | R
Stocks are rallying because fears of a contested election are fading | MW
Stocks look to be setting up for a year-end rally despite election worries and lack of stimulus | C
Here’s why the prospect of a Democratic clean sweep in November’s elections is rattling a sleepy U.S. bond market | MW
Are oil dividends in danger? The options market doesn’t think so | C
Central banks
Years of low interest rates made the current economic crisis worse, Fed’s Rosengren says | C
US
Red hot home prices have more consumers saying now is a bad time to buy | C
U.S. weekly jobless claims inch lower, but remain stubbornly high | R
U.S. Budget Gap Tripled in Fiscal 2020 as Government Battled Pandemic | W
US politics I
The Vice Presidential Debate: The Moments That Mattered | W
Trump rejects virtual debate with Biden, who announces solo event instead | R
These households can expect a tax increase under Biden’s tax plan | C
US politics II
U.S. airline aid up in the air as pandemic relief talks resume | R
Pelosi rejects idea of a stand-alone fiscal stimulus measures | MW
Second stimulus check: You may get $1,200 in the next 26 days | C
A breakdown of whether the Democrats’ stimulus bill is actually a ‘bailout’ of blue states | C
Trump unchained? Afghan troop surprise shows pre-election impulse to upend policy | R
Industries & companies
Financials: Banks’ Arctic Financing Retreat Rattles Oil Industry | W
Financials: With $20 billion in deals this year, Morgan Stanley pivots further away from risky Wall Street | C
Media: WarnerMedia Plans Thousands of Job Cuts in Restructuring | W
Retail: Dollar General to Open Stores Aimed at Wealthier Shoppers | W
Tech: Apple will extend free Apple TV+ trials for three months | C
Tech: Samsung Electronics Forecasts Highest Operating Profits in Two Years | W
Virus
Trump’s vaccine czar says the first vaccine should be submitted for emergency authorization around Thanksgiving | MW
Moderna Vows to Not Enforce Covid-19 Vaccine Patents During Pandemic | W
FDA grants emergency clearance for GenMark test that screens for the flu, coronavirus and other viruses | C
Fauci says ‘reasonably good chance’ Regeneron antibody therapy helped Trump | R
Corporate finance
Morgan Stanley (MS) Agrees to Buy Eaton Vance (EV) for About $7 Billion | B
IBM to Spin Off Services Unit to Accelerate Cloud-Computing Pivot | W
Offbeat
Plot to kidnap Michigan governor thwarted; 13 arrested, officials say | R
10 Books Warren Buffett Thinks You Should Read | Inc.com
