Friday's News Links

[Reuters] Wall Street lower as record jobs growth ends

[Reuters] Stocks fall as business signals hit from pandemic, oil grinds higher

[Yahoo/Bloomberg] Oil Surges as Producers Eye 10 Million Barrel a Day Output Cut

[CNBC] US payrolls drop 701,000 in March, the first jobs decline since 2010

[CNBC] US services sector growth slows down in March, ISM says

[Reuters] OPEC+ debates biggest-ever oil cut as virus destroys demand

[Reuters] Trump to host Big Oil execs at White House to discuss market slump

[Reuters] China's services activity shrinks further in March, job cuts fastest on record: Caixin PMI

[CNBC] Coronavirus live updates: Google site shows who’s social distancing, Pelosi wants more govt relief

[Forbes] Why U.S. Housing Bubble 2.0 Is About To Burst

[CNBC] China pursues global leadership ambitions as it offers aid during the coronavirus crisis

[Bloomberg] OPEC+ Pushes for Global Cut to Stem Rout as Russia Ready to Move

[Bloomberg] Global Cost of Coronavirus Could Reach $4.1 Trillion, ADB Says

[WSJ] Coronavirus Battle Throws Open Eurozone’s Divide

[WSJ] Saudi Arabia, Russia to Debate Oil Cuts, Pushing Crude Sharply Higher

[FT] Why America’s $1.3tn car-loan market cannot avoid a pile-up

Thursday Evening Links

[CNBC] Stock futures lower as indexes head for modest weekly losses

[Reuters] Fed balance sheet increases to record $5.86 trillion

[Reuters] Oil jump lifts Wall Street as jobless claims data surges

[Kitco] Gold, silver prices see sharp pop on huge jump in U.S. jobless

[CNBC] Coronavirus live updates: Global cases top 1 million, Americans may face relief check delays

[CNBC] White House says small business lending program will be running Friday, even as JPMorgan says it’s not ready

[Reuters] Trump touts 'great' Saudi-Russia oil deal to halt price rout, but details unclear

[Reuters] Emerging markets need more than Fed repos to fix dollar malaise

[MSN/Washington Post] European leaders warn coronavirus could lead to the breakup of their union

[Reuters] U.S. high-grade corporate bond issuance sets weekly record

[CNBC] Manhattan real estate sales ground to a halt in March. Prices could plunge next

[Reuters] U.S. Navy relieves commander of coronavirus-stricken aircraft carrier

[Reuters] China answers Brazil plea for medical equipment to fight coronavirus

[Reuters] Brazil's Bolsonaro isolated, weakened by coronavirus denial

[Bloomberg] In Just Three Weeks, 10% of Workers in These States Are Jobless

[Bloomberg] Foreign Central Banks Sell $109 Billion of Treasuries in March

[Bloomberg] S&P 500 Dividend Cuts Add Up Faster Than Any Time Since 2009

[Bloomberg] Banks Tighten Lending to Nervous Homeowners Hoping to Tap Equity

[Bloomberg] Exploding Fed Balance Sheet Risks Unintended Brake on Bank Loans

[Bloomberg] U.S. High-Yield Bond Funds See Record Inflow After Exodus

[WSJ] The Rush for $350 Billion in Small-Business Loans Starts Friday. Banks Have Questions.

Thursday Afternoon Links

[Reuters] Wall St. gains as oil recovery eclipses record weekly jobless claims

[Reuters] Oil soars after Trump says Saudis and Russians to cut output

[CNBC] Trump tells CNBC he spoke to Putin, MBS and expects Saudis, Russia to announce 10 million barrel cut

[CNBC] Coronavirus live updates: US cases top 217,000, Goldman’s David Solomon says US response was ‘slow’

[Reuters] U.S. trade deficit near three-and-a-half-year low as Chinese imports tumble

[CNBC] This map shows which states are seeing the most job losses due to the coronavirus

[ABC] Disaster in motion: 3.4 million travelers poured into US as coronavirus pandemic erupted

[AP] Nursing home infections, deaths surge amid lockdown measures

[Bloomberg] Home Lenders Brace for Up to 15 Million U.S. Mortgage Defaults

[Bloomberg] Poorer Countries Are Least Prepared for Pandemic Lockdowns

[Bloomberg] Oil at $4 a Barrel? That’s the Price Belarus Is Offering Russia

[WSJ] The Rush for $350 Billion in Small-Business Loans Starts Friday. Banks Have Questions.

[WSJ] Questions About Accuracy of Coronavirus Tests Sow Worry