November 24 (Wednesday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on November 15.

Markets
S&P 500 Hangs Onto Gains While Bond Yields Rise | W
Dow climbs nearly 200 points but Nasdaq falls again as rising rates divide the market | C
U.S. Joins With China, Other Nations in Tapping Oil Reserves | W

Global
Strong Demand, Continued Shortages Push Up Prices in U.S. and Europe | W
California’s Busiest Port is Straining the Global Supply Chain, Causing Delays | B

Central banks
How Will Fed Regulate Wall Street? Biden’s Central Bank Picks Leave Question Unanswered | W
Opinion | Powell Needs to Cool the Economy Now to Avoid Recession Later | N

US
Taxes: Biden Bill Has Cut for Mere Millionaires, Hike for Mega Rich | B

China
China Finds 12 Million Children as Birth Rate Plunges to Record Low | B

Industries & companies
Autos: Tesla Texas ‘Gigafactory’ will cost at least $1.06 billion: filings | C
Retail: Walgreens, Walmart and CVS Pharmacies Contributed to Opioid Epidemic, Ohio Jury Finds | W
Retail: Mall Brands Gap (GPS), Nordstrom (JWN) Tumble After Earnings Reports | B
Tech: Dell Earnings Report: PC Revenue Sets Company Record | B
Tech: HP stock jumps after earnings beat, CEO says return to office driving PC demand | C

Virus
New French COVID-19 infections surge over 30,000 in past 24 hours | R
Covid Surge: Hospitals Are Suffering in Highly Vaccinated New England | B