August 07 (Saturday)

YRI
Daily Markets Overview
Today’s Morning Briefing

Markets
Dow rises 100 points, closes at record high after jobs report shows strong economic recovery | C
U.S. Government Bond Yields Rose After Jobs Report | W
Analysis: Where will yields go? Investors weigh U.S. jobs data against Delta fears | R

Central banks
Manchin Urges The Federal Reserve To Address Threat of Inflation: Don’t Overheat Our Economy
Fed’s Kaplan Calls for Gradual, Balanced Bond Tapering Soon | B
July’s strong jobs report could prepare the Federal Reserve to dial back its bond-buying program | C
Analysis: U.S. jobs report bolsters case for Fed to taper asset purchases | R

US I
U.S. Economy Added 943,000 Jobs in July, Unemployment Rate Fell to 5.4% | W
U.S. job growth seen strong as technical factors provide a boost | R
This Is the Job Market We’ve Been Waiting For | N
Biden warns of economic peril from Covid despite July job gains | C
Opinion: US isn’t heading for another housing crisis | NN

US II
Consumer Borrowing in U.S. Surged in June by Most on Record | B
U.S. consumer credit grows at record rate in June | R
Student-Loan Payment Relief Extended to Early 2022 | W
Eviction Ban ‘Necessary’ to Prevent Delta Spread, DOJ Says | B

China
China’s Antitrust Regulator Planning to Fine Meituan About $1 Billion | W

Geopolitics & trade
U.S. is concerned about China’s growing nuclear arsenal, Blinken says | C

Industries & companies
Retail: Walmart Gives Special Bonuses and Pay Raises to Keep Warehouse Workers | W
Tech: Apple’s privacy reputation is at risk with new changes | C

Virus
Covid: Half of Americans are now fully vaccinated, White House says | C
Unvaccinated More Than Twice as Likely to Get Covid-19 Again, CDC Says | W
Amazon to Require Masks for Warehouse Workers as Delta Variant Surges | W
 
Beyond markets
Disney ‘should be ashamed’ | C