August 04 (Wednesday)

YRI
Daily Markets Overview
Today’s Morning Briefing

Markets
S&P 500 closes at record high as Apple, healthcare stocks help shrug off Delta worries | R
Stocks Climb, Boosted by Earnings Optimism | W
Incident with multiple tankers in Gulf of Oman raises concerns in oil market | C

US I
Slow slog in U.S. Senate for $1 trillion infrastructure bill | R
Congress’s fiscal referees, CBO and JCT, guide fate of Biden bills | R
Biden Administration Issues New Eviction Moratorium | W
CDC issues new eviction ban effective through Oct. 3 | C

US II
Solid U.S. factory orders, business spending on equipment point to enduring manufacturing strength | R
U.S. demand for household debt climbed in Q2, New York Fed report shows | R

China
Tencent Sinks After China Denounces Online Gaming | W

Industries & companies
Media: Cable, Internet Companies Stand to Gain From Broadband Funding in Infrastructure Bill | W

Virus
Florida Battles Record Covid-19 Hospitalizations, as Delta Variant Surges | W
Tyson Foods to Require Covid-19 Vaccines for All U.S. Workers | W
As Covid-19 Recedes in India, Bars Are Full and Masks Are Optional | W
J&J Covid vaccine recipients can get supplemental Pfizer or Moderna dose in San Francisco | C

Crypto
Crypto ‘Wild West’ Needs Stronger Investor Protection, SEC Chief Says | W

Corporate finance
Robinhood surges more than 24%, blows past $38 IPO price | C

Beyond markets
Why remote work is a big problem for the economy | NN
Law School Loses Luster as Debts Mount and Salaries Stagnate | W
Biden calls on Cuomo to resign | C