Friday's News Links

[CNBC] Dow slides 500 points after Texas rolls back reopening amid spike in coronavirus cases

[Reuters] Global stocks flat as U.S. virus concerns offset Europe rebound hopes

[FXStreet] Coronavirus Update US: Florida COVID-19 cases rose by 7.8%

[CNBC] Texas rolls back its reopening a day after pausing plans as coronavirus cases rise

[AP] US consumer spending up 8.2%, partly erasing record plunge

[CNBC] Coronavirus mortgage bailouts suddenly swell as homeowners face new struggles

[Reuters] Falling AAAngels: The shrinking 'triple A' world

[CNBC] Coronavirus live updates: Housing and jobs markets show signs of slowing recovery

[AP] Governors who quickly reopened backpedal as virus surges

[Reuters] Mexican economy shrinks record 17.3% in April as industry swoons

[Reuters] IMF's Georgieva says virus crisis could ultimately test IMF resources

[Reuters] Timeline: Threats and stalemate one year after Trump last met North Korea's Kim

[Reuters] Amid pandemic, SE Asian nations warn of 'alarming' South China Sea incidents

[NYT] Still Reeling From Oil Plunge, Texas Faces New Threat: Surge in Virus Cases

[WSJ] Covid-19 Is a Puzzle That Wall Street Can’t Solve

[WSJ] Faith in the V-Shaped Recovery Takes a Hit

[FT] Fed balance sheet shrinks as use of emergency facilities levels out

[FT] Riskiest US companies are left behind in rush to buy debt

[FT] Arctic Circle’s record temperatures heighten global warming concerns

Thursday Evening Links

[CNBC] Stock futures are flat after bank stress test results, Nike reports surprise loss

[AP] Banks lead gains for stocks on Wall Street in jumpy trading

[Reuters] Oil prices climb as U.S. economic data lends support

[Reuters] Dollar strengthens as virus fears dent risk appetite

[CNBC] Coronavirus live updates: Texas and Florida pause reopening more business as cases surge

[CNBC] Fed puts restrictions on bank dividends after test finds some banks could be stressed in pandemic

[CNBC] Record spikes in U.S. coronavirus cases push up hospitalization rates in 16 states

[Reuters] California governor declares budget emergency due to COVID-19 pandemic

[Reuters] Mexico's finance minister tests positive for coronavirus

[WSJ] White House Considers Broad Federal Intervention to Secure 5G Future

Thursday Afternoon Links

[Reuters] Wall Street ends choppy session higher as strength in banks offsets virus woes

[CNBC] Bank stocks surge after regulators ease Volcker Rule, JPMorgan Chase climbs 2%

[CNBC] Texas pauses reopening plan and elective surgeries as coronavirus cases and hospitalizations rise

[CNBC] No quick fixes to stop coronavirus spikes in hot spots like Florida and Texas, Dr. Scott Gottlieb says

[Reuters] Coronavirus resurgence looms over Wall Street rally

[CNBC] Coronavirus live updates: Cuomo says states played politics with virus, NYC to reopen more business in July

[Reuters] Central banks have thrown many tools at coronavirus. What do they have left?

[Reuters] Breakingviews - Chancellor: Inflation as the post-pandemic cure

[Reuters] Fed's Bostic: Even gradual second wave could force consumers back indoors

[Reuters] U.S. new-car sales in June seen down as much as 30%: research firms