Nov 19 (Thursday)

YRI
Morning Briefing PDF
Daily Markets

Market
Market’s Vaccine Euphoria Was Bad News for Momentum Funds | W
U.S. stock futures little changed after Wednesday’s sell-off | C

Central banks
Fed’s Williams Says Lack of Fiscal Aid Could Challenge Economy | W
NY Fed’s Williams says rapid increase in virus infections could hurt economy | R

US
U.S. housing starts blow past expectations; COVID-19 poses risk | R
Fannie, Freddie Should Hold $280 Billion in Capital, FHFA Says | W

US politics
Trump’s Gambit to Overturn States’ Election Results Is Running Out of Time | B
Georgia, Wisconsin recounts likely will not change Trump election defeat, officials say | R
Trump calls Georgia recount a ‘joke’ as certification date looms | MW
Nancy Pelosi Backed by House Democrats to Serve Fourth Term as Speaker | W

Geopolitics & trade
U.S. senators seek to stop Trump’s $23 billion in arms sales to UAE | R

Industries & companies
Airlines: More than 400 Southwest mechanics get furlough notices as talks falter | C
Autos: Why this Tesla partner is betting big on the European electric-vehicle market | MW
Restaurants: Starbucks raises barista wages as restaurants brace for minimum wage hike | C
Retail: Target Grabs Sales From Rivals Amid Pandemic | W
Tech: Nvidia (NVDA) earnings Q3 2021 | C

Virus
Coronavirus vaccine shots could go to U.S. health workers in about a month | C
Pfizer-BioNTech vaccine deliveries could start ‘before Christmas’ | R
Pfizer Says Covid-19 Vaccine Is 95% Effective in Final Data, Will Seek Authorization | W
Chinese Covid Vaccine Gives Scientists Pause Over Antibody Levels in Early Trials | W
Covid NYC: Schools to close for in-person learning to curb outbreak, Mayor says | C

Technology
Elon Musk’s SpaceX sends astronauts to ISS, marking a new era for NASA | Vox

Corporate finance
Duolingo Valued at $2.4 Billion in Fundraising Round | W