Apr 22 (Thursday)

YRI
Daily Markets Overview
Today’s Morning Briefing

Markets
Dow closes 300 points higher to snap a 2-day drop, small caps jump more than 2% | C
Priced in? Stocks that top estimates are falling during this earnings season | C

Central banks
A farewell to forward guidance at the Fed | FT

US
The Job Market Is Tighter Than You Think | W
SALT Cap Critics Ask Yellen to Add Repeal to Biden Economy Plan | B
Biden Administration Moves to Unwind Trump Auto-Emissions Policy | W
GOP lawmaker Ken Buck urges colleagues to stop taking Big Tech money | C
Chicago Latest U.S. City to Mull Guaranteed Income for Poor | B

China
China’s Fishing Fleet, the World’s Largest, Drives Beijing’s Global Ambitions | W

Industries & companies
Autos: Used-Car Prices Leap on U.S. Economic Recovery, Supply Crunch | B
Media: Netflix falls on Q1 earnings. What Cramer and others would do now | C
Restaurants: Restaurants have a new challenge: Finding workers | NN

Corporate finance
SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest | C
Silicon Valley’s Deal Machine Is Cranking: ‘I’ve Never Seen It This Frenzied’ | W
UiPath rises 17% in NYSE debut after one of top software IPO’s ever | C
Dish stock jumps after company announces AWS cloud deal | C

Virus
Scientist who helped develop Pfizer-BioNTech Covid vaccine agrees third shot is needed as immunity wanes | C
Pfizer Identifies Fake Covid-19 Shots Abroad as Criminals Exploit Vaccine Demand | W
FDA Finds Poor Conditions at Contractor’s Plant for Making J&J’s Covid-19 Vaccine | W
India’s Shortage of Oxygen Comes From Failure to Prepare for Second Wave | B

Technology
Artificial Intelligence, Facial Recognition Face Curbs in New EU Proposal | W

Offbeat
Yellen outlines bold climate agenda calling for net-zero emissions by 2035 | C