Apr 10 (Saturday)

YRI
Daily Markets Overview
Today’s Morning Briefing

Markets
Dow Rallies to Record, While S&P 500 Notches Third Straight Week of Gains | W
Dow jumps nearly 300 points to a record high, gains 2% for the week | C
Earning season is about to get underway and that could be a positive catalyst for stocks | C
Dollar Hits Rough Patch After Strong Start to 2021 | W
 
US I
Biden’s budget meets criticism from right and left on Pentagon spending | R
Biden Budget Outline Seeks More Money for Education, Health | W
White House to Push Infrastructure Plan in Summit Meeting on Chip Shortage | W
Biden has options beyond a corporate tax hike to pay for infrastructure | C

US II
The economy is on the cusp of a major boom and economists believe it could last | C
U.S. producer inflation heats up in March as prices increase broadly | R
Calculated Risk: Is there a New Housing Bubble? | calculatedriskblog.com
Zillow president sees home listings increasing as Covid certainty grows | C
Where Can You Find a New Job? Try These U.S. Cities | W

Europe
Lagarde sees strong rebound for EU economy in second half, expects U.S. to meet inflation goal soon | C

Industries & companies
Aerospace: Boeing 737 MAX Faces Fresh Inspections | W
Autos: GM cuts overtime shifts at two U.S. truck plants due to chip shortage | C

Technology
Musk’s Las Vegas Tunnel Is Like a Tesla Amusement Park Ride | B
 
Corporate finance
Aramco Strikes $12.4 Billion Oil Pipeline Deal With EIG-Led Group | W
China fines Alibaba $2.8 billion in anti-monopoly probe | C

Virus
World Bank says to commit $2 billion to vaccines in developing countries by end-April | R
Covid cases overwhelm Michigan health system, Gov. Whitmer urges residents to stay home | C
Vaccination Passports Are New Flashpoint in Covid-19 Pandemic | W
Europe Investigates Reports of Blood Clots in Recipients of J&J’s Covid-19 Vaccine | W