June 29 (Tuesday)

YRI
Dr. Ed’s latest video podcast
Daily Markets Overview
Today’s Morning Briefing

Markets
S&P 500, Nasdaq Notch Record Closes | W
Persistent Advance in Stocks and Commodities Shows Investor Confidence | W
High Lumber Prices Add Urgency to a Decades-Old Trade Fight | N
Cathie Wood’s Ark Invest files to create a bitcoin ETF | C

Global
Americans’ Hunger for the World’s Goods Drives Global Recovery | W

Central banks
Fed Officials Debate Scaling Back Mortgage-Bond Purchases at Faster Clip | W
Fed’s Barkin says U.S. has made “substantial further progress” on inflation goal | R
NY Fed’s Williams says major questions need to addressed as digital currencies emerge | R

US I
Under-the-radar trend may provide relief from runaway inflation fears | C
Biden to Highlight Infrastructure Deal’s Roads and Bridges, Not Legislative Path | W
Schumer Again Calls On Biden to Cancel $50,000 per Borrower in Federal Student Debt | W

US II
Where Jobless Benefits Were Cut, Jobs Are Still Hard to Fill | N
The market can solve America’s labor shortage — if Washington will let it | TheHill
State and local tax cap may be here to stay for the highest earners | C
U.S. consumer watchdog approves new foreclosure protections, but not blanket ban | R
Homeowners Behind on Mortgages to Be Offered Help, U.S. Agency Says | W

China
China Beige Book sees creeping caution among consumers and businesses | C

Industries & companies
Financials: Morgan Stanley doubles its dividend as most banks raise payouts following Fed stress tests | C
Financials: Principal Financial to Divest Business of Selling Life Insurance to U.S. Consumers | W
FinTech: Venmo to Charge Users for Selling Goods and Services | W

Virus
Delta Variant of Covid-19 Surges Across Unvaccinated Africa | W

Beyond markets
UBS Says Hybrid Work Is Here to Stay | W
Amazon turns headquarters into cooling center amid Seattle heat wave | C