Feb 18 (Thursday)
YRI
Daily Markets Overview
Today’s Morning Briefing
Markets
Dow rises to another record led by Verizon and Chevron, but tech weakness weighs on S&P 500 | C
Saudi Arabia Set to Raise Oil Output Amid Recovery in Prices | W
Oil Prices Are Up, but Frackers Stay on the Sidelines—for Now | W
Interest rates will continue to rise, but don’t blame it all on inflation, economists say | C
Interactive Brokers chairman Thomas Peterffy on GameStop frenzy | C
BlackRock has ‘started to dabble’ in bitcoin, says Rick Rieder | C
Central banks
Fed minutes show willingness to steer past coming jump in inflation | R
Fed officials see economy ‘far from’ where it needs to be, minutes show | C
Fed Officials Saw Easy-Money Policies Remaining in Place | W
Fed Officials Saw Bond-Buying Pace Continuing for ‘Some Time’ | B
Minutes
US
U.S. Retail Sales Rose Strongly on Stimulus in January | W
To Plug a Pension Gap, This City Rented Its Streets. To Itself. | N
US politics
Rick Perry says Texans would rather go without electricity than give the federal government more power over them | MW
Biden will ask DOJ to review his authority to cancel student loan debt – White House | R
Democrats Face Intraparty Fight on Minimum Wage | W
Students lament Biden refusal to cancel $50,000 in student debt | C
Biden, Union Leaders Huddle on Infrastructure Plan | W
Universal Basic Income Could Be Coming for Kids | W
Europe
Europe’s Pandemic Debt Is Dizzying. Who Will Pay? | N
Europe Locked Its Economy in Place. Unlocking It Could Be Ugly. | W
One in four UK firms plan to fire staff if furlough ends soon – BCC | R
Geopolitics & trade
Biden and China: Administration Rethinks Relations | N
Biden’s snub of Saudi Crown Prince Mohammed bin Salman is a ‘warning’ | C
Industries & companies
Airlines: Amazon Air fleet growing fast, could resemble airline: Study | C
Autos: Ford Vows to Phase Out Gas Cars in Europe by 2030 | W
Communication services: Google to Pay News Corp for Access to Its Publications’ Content | W
Communication services: Facebook and Google Diverge in Response to Proposed Australian Law | N
Virus
U.K. Approves Trials That Will Deliberately Infect Volunteers With Coronavirus | W
South Africa Rolls Out J&J Covid-19 Vaccine to Healthcare Workers | W
Pfizer says South African variant could significantly reduce vaccine protection | C
Brazil Turns Sleepy Sugarcane Town Into Global Covid-19 Experiment | W
Offbeat
How the Texas power grid failed and what could stop it from happening again | C
Generac CEO on power generator demand: ‘We can’t make them fast enough’ | C
Workers from home beware – pay cuts might be the price of freedom | R
How to Buy a Real N95 Mask Online | N
Elon Musk is an investment kingmaker but traders shouldn’t blindly follow his every word | NN
