Feb 20 (Saturday)

YRI
Daily Markets Overview
Today’s Morning Briefing

Markets
U.S. Stocks, Bond Yields Rise to End Week | W
Underfunded and Under Pressure, U.S. Pensions to Keep Investing in China | W
Copper prices: Why the commodity may be due for a pullback | C

Central banks
Fed sees ‘considerable’ risk of ongoing U.S. business failures | R
Fed’s Williams say high market prices justified by economic growth and low rates | C

US
U.S. Home Sales Edged Higher in January Amid Tight Inventory | W
U.S. factory activity cools; cost pressures mounting | R
Global Services Economy Moving at Two Speeds as Factories Thrive | W
Florida on ‘fire’ amid NYC exodus, COVID pandemic: Home Depot co-founder Ken Langone | FO
Why Cold Weather Cut the Power in Texas | W
Texas grid operator says it’s now under normal conditions, millions still under boil-water notice | C

US politics
U.S. House Democrats advance $1.9 trillion COVID-19 aid bill | R
Cuomo faces political crisis due to Covid death probe, bullying accusations | C

Geopolitics & trade
U.S. Officially Rejoins Paris Climate Agreement | W
Munich Security Conference: Biden backs NATO in sharp contrast to Trump | C
G7 says to counter ‘non-market’ policies from China to ensure free trade | R
At Biden’s G7 debut, leaders look beyond COVID to trade and China | R
HSBC Doesn’t Have to Give Documents to Huawei CFO, U.K. Judge Says | W
Exclusive: IAEA found uranium traces at two sites Iran barred it from, sources say | R

Industries & companies
Communication services: Exclusive: Facebook and Google could lose bargaining power under upcoming U.S. bill to help news outlets | R

Virus
Pfizer-BioNTech Vaccine Is Highly Effective After One Dose and Can Be Stored in Normal Freezers, Data Shows | W
Covid-19 Was Spreading in China Before First Confirmed Cases, Fresh Evidence Suggests | W

Climate
UN: Huge changes in society needed to keep nature, Earth OK | P

Technology & cryptocurrency
What Gene Editing Can Do for Humankind | W
Elon Musk calls bitcoin ‘less dumb’ than holding cash | P

Corporate finance
IBM Explores Sale of IBM Watson Health | W

Offbeat
Larry Kudlow’s new show ‘Kudlow’ debuts Tuesday on FOX Business | FO