Friday's News Links

[AP] World stocks mostly turn lower with US closed for holiday

[Reuters] Global Markets: COVID recovery vs COVID reality

[Reuters] Dollar rises as risk appetite tempered by rising COVID-19 cases in U.S.

[Reuters] U.S. reports 55,000 COVID-19 cases in single day, hits new global record

[Reuters] Bill targeting banks over China's Hong Kong law passes U.S. Senate

[AP] US trade deficit rises 9.7% in May to $54.6 billion

[Reuters] China's services sector grows at fastest pace in over a decade in June: Caixin PMI

[Yahoo/Bloomberg] China Convertible Bond Hype Sees $620 Billion Hunt Each Deal

[Bloomberg] S&P 500’s Past 100 Days Were Its Best in Almost Nine Decades

[Bloomberg] The Cost of Bad Market Timing Decisions in 2020 Was Annihilation

[WSJ] CBO Sees Double-Digit Jobless Rate Through 2020, GDP to Shrink 5.9%

[WSJ] Covid-19’s Impact Won’t End With a Vaccine

[FT] Why the Fed thinks Goldman is America’s riskiest bank