Feb 25 (Thursday)
YRI
Daily Markets Overview
Today’s Morning Briefing
Markets
Stock futures higher after Dow’s record close | C
Wall Street finishes up as Fed’s Powell soothes inflation fears | R
Markets Suggest the Economy Is Booming. The Recovery Has a Long Way to Go, Though. | W
Lumber Prices Are Soaring. Why Are Tree Growers Miserable? | W
Here are 3 reasons that the stock market can survive rising bond yields in 2021 | MW
Central banks
Federal Reserve Interbank Payment System Suffers Outage | B
Climate & Texas
SEC Opens Review of Corporate Climate Change Disclosures | W
Without planning, climate change will bring more Texas-style blackouts | TheHill
Texas Power Grid Was Minutes From Collapse During Freeze, Operator Says | W
Texas governor vows to overhaul state’s electric grid operator after storm failure | R
US politics
Covid stimulus update: House Democrats aim to pass $1.9 trillion relief bill on Friday | C
Geopolitics & trade
Biden Trade Nominee Says China Is Both a Rival and a Partner | B
Industries & companies
Aerospace: Boeing 737 Max crashes prompt calls for stronger FAA oversight | C
Communication services: Facebook to Spend $1 Billion on News Content Over Three Years | W
Communication services: Australia passes news media law that requires Google, Facebook to pay | C
Tech: Nvidia (NVDA) earnings Q4 2021 | C
Virus
CDC director: Covid variants could ‘undermine all of our efforts’ | C
Pfizer-BioNTech Shot Could Help End Pandemic, Israel Study Shows | B
In boost for COVID-19 battle, Pfizer vaccine found 94% effective in real world | R
J&J’s Covid-19 Vaccine Is Safe and Effective, FDA Says, Paving Way for Approval | W
Moderna Says Covid-19 Vaccine for South Africa Strain Is Ready for Human Testing | W
The U.S. is making it harder for the rest of the world to get COVID vaccines. | Slate
For Covid-19 Vaccines, Latin America Turns to China and Russia | W
Technology
Foxconn to Build Cars for Electric-Vehicle Startup Fisker | W
Biden to press for $37 billion to boost chip manufacturing amid shortfall | R
Corporate finance
Verizon commits more than $45 billion to 5G spectrum bid | C