Apr 16 (Friday)

YRI
Daily Markets Overview
Today’s Morning Briefing

Markets
Stock futures are flat after Dow closes above 34,000 for the first time | C
The 10-year Treasury yield slid on Thursday. Why it could be good news for stocks | C
World stocks set fresh record high on strong China, U.S. data | R

Central banks
Fed’s Daly Says Frequency of Fed Market Interventions Is Concerning | W

US
‘We need at least one more check.’ The case for a fourth stimulus payment | C
Restaurants say they can’t hire enough people. Is unemployment insurance to blame? | Slate.com

China
China’s GDP jumps record 18.3% but post-COVID recovery seen losing steam | R
China Growth Numbers Betray Waning Momentum | W

Geopolitics & trade
Biden says he is ready to ‘take further actions’ if Russia escalates against U.S., opens door to cooperation | C
Hong Kong democracy leaders given jail terms amid crackdown | C

Industries & companies
Consumer discretionary: Amazon union vote marks crucial victory in battle for worker rights | TheHill
Energy: ‘A Failure of Texas-Size Proportions’—State Struggles to Overhaul Its Power Market | W
Tech: The Chip Shortage Is Bad. Taiwan’s Drought Threatens to Make It Worse. | W

Corporate finance
JPMorgan Sells $13 Billion of Bonds in Largest Bank Deal Ever | B

Virus
Covid infection rate is approaching the highest level so far, WHO chief warns | C
Pfizer CEO says third Covid vaccine dose likely needed within 12 months | C
J&J Privately Asked Rival Covid-19 Vaccine Makers to Probe Clotting Risks | W
New Covid-19 Strains Prompt Lilly to Seek to End U.S. Use of Single Antibody Drug Alone | W
Covid-19 Variants Are Floating Around India, but Nobody Knows How Many | W