Apr 13 (Tuesday)

YRI
Daily Markets Overview
Today’s Morning Briefing

Markets
Stock futures are little changed ahead of key inflation report | C
Stocks Slip Ahead of Busy Earnings Week | W
Day Traders Know a Bubble When They See One, and They Want In | B
Raw Materials Prices Have Surged. Corporate Profits Are Likely Next. | W

Central banks
Fed’s Rosengren: Fed Policy Appropriate for Current State of Economy | W
Powell says U.S. Fed is reviewing ‘concerning’ Archegos bank losses – CBS ’60 Minutes’ | R

US
U.S. budget deficit hits record high for March as aid swells outlays | R
Biden Begins Infrastructure Negotiations Signaling Flexibility on Corporate Tax Hike | W
U.S. Budget Deficit Widened to a Record $1.7 Trillion for Six Months, as Stimulus Checks Fueled Spending | W

China
Jack Ma’s Ant Group Bows to Beijing With Company Overhaul | W

Geopolitics & trade
China’s Message to America: We’re an Equal Now | W
China Won’t Be Labeled Currency Manipulator Label by U.S. | B

Industries & companies
Communication services: Google Cloudtop virtual desktop tool for employees only | C
Tech: Nvidia to Make Server Processor, Targets Intel Profit Center | B

Corporate finance
Microsoft Bulks Up With $16 Billion Deal for Nuance Communications | W

Virus
U.S. COVID cases march higher, hospitalizations up for second week in a row | R
Covid shutdown: CDC chief says vaccinating alone won’t stop Michigan Covid surge | C
Covid-19 cases, deaths, and vaccinations: Daily U.S. data on April 12 | C
Covid-19 Drug Prevents Symptomatic Disease in Study, Regeneron Says | W
U.K. Strain Doesn’t Result in More Severe Covid-19 Among Hospitalized Patients, Study Finds | W