Mar 26 (Friday)
YRI
Daily Markets Overview
Today’s Morning Briefing
Markets
Dow climbs 199 points in late-day rebound led by stocks benefiting from reopening | C
Central banks
Fed officials press promise of complete recovery before ‘punch bowl’ disappears | R
Fed says banks will have to wait until June 30 to start issuing buybacks and bigger dividends | C
Powell Says Now Is Not the Time to Focus on Reducing Federal Debt | W
US
U.S. weekly jobless claims drop to one-year low in boost to economy | R
Senate Democrats Lay Plans for Higher Corporate Taxes | W
In 2020 the ultra-rich got richer. Now they’re bracing for the backlash | R
US politics
Biden compares Xi to Putin, Republican voting plans to Jim Crow laws | R
Biden Says U.S. Wants Competition, Not Confrontation, With China | W
Biden’s First Press Conference Tackles Filibuster, Immigration, Afghanistan | W
Europe
With Negative Rates, Homeowners in Europe Are Paid to Borrow | W
Industries & companies
Aerospace: Boeing’s Defense Unit Dealt Setback by Pentagon | W
Consumer discretionary: Amazon is launching on-site Covid-19 vaccinations at some warehouses | C
Energy: Energy Industry Grapples With Fallout From Suez Canal Blockage | W
Energy: American Petroleum Institute endorses carbon pricing as oil and gas industry faces pressure on emissions | C
Media: Why investors are struggling to value media stocks like ViacomCBS and Discovery | C
Retail: Home Depot or Lowe’s? Two traders disagree on which is the better bet | C
Tech: Tech Hearing Live Updates: Google, Facebook and Twitter CEOs Testify on Misinformation | W
Transportation: Suez Canal blockage is delaying an estimated $400 million an hour in goods | C
Corporate finance
Robinhood building platform to allow users to buy into IPOs, sources say | C
Virus
Biden sets new Covid vaccine goal of 200 million shots within his first 100 days: ‘I believe we can do it’ | C
Pfizer begins Covid vaccine trial on infants and young kids | C
AstraZeneca Got Its Vaccine Right. The Rollout Has Been a Mess. | W
