Nov 21 (Saturday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Dow closes more than 200 points lower to end down week amid concern over rising Covid cases | C
S&P 500 Suffers Weekly Loss as Stocks Slip | W
Stocks may continue to struggle Thanksgiving week amid Covid-19 outbreaks | C

Central banks
Fed’s George Says Pandemic Lessening Importance of Gasoline Prices | W

US
Lumber Prices Rise Again, Defying the Normal Seasonal Slowdown | W
Fannie, Freddie Overseer Looks to End Federal Control Before Trump Leaves | W

US politics
Biden Team Faults Mnuchin for Letting Fed Aid Programs Lapse | W
PPP Borrowers Are Asked to Justify Need for Loans Over $2 Million | W
Biden Team Lacks Full U.S. Cybersecurity Support in Transition Fracas | W

Geopolitics & trade
Biden Unlikely to Quickly Unwind China Tariffs, Democrat Says | B
Airbnb Executive Resigned Last Year Over Chinese Request for More Data Sharing | W
Biden to rejoin Paris Climate Accord. Here’s what happens next | C

Industries & companies
Autos: Tesla gets exemption from new California Covid-19 health orders | C
Retail: Home Depot and Lowe’s earnings boosted by pandemic-induced ‘nesting’ | C

Virus I
Pfizer applies for emergency use of Covid-19 vaccine amid testing bottleneck | C
Pfizer, BioNTech Ask FDA to Authorize Their Covid-19 Vaccine | W
Covid vaccine: 5 US agencies tell employees they can get shots in 8 weeks | C

Virus II
Covid-19 Testing Demand Surges Again, From Thanksgiving Travelers and Rising Infections | W
A $10 Covid-19 Test? Walmart Heirs Back Startup Developing At-Home Tests | W
Europe Hopes Mass Testing Could Ease Lockdowns Before Christmas | W
Donald Trump Jr. tests positive for Covid-19, but is asymptomatic | C

Corporate finance
Roblox Files IPO Amid Surge in Videogame Spending | W

Offbeat
Zillennials Are Going to Change Investing Forever, BofA Says | B