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

Thursday Evening Links

[Reuters] Wall Street closes higher after biggest payrolls jump on record

[Reuters] Fed balance sheet shrinks further, and still no Main Street loans

[Reuters] Coronavirus on the rise in 37 U.S. states as Florida reports 10,000 new cases

[CNBC] Coronavirus live updates: Texas mandates face coverings; jobs may not fully recover in some U.S. industries

Thursday Afternoon Links

[AP] Stocks rise on jobs data, S&P 500 nears week-long sweep

[CNBC] Moderna stock falls 8% after report says late-stage coronavirus vaccine trial delayed

[Reuters] Florida shatters records with over 10,000 new COVID-19 cases in single day

[ABC] Houston hospitals transferring COVID patients: 'We're running out of ICU beds'

[CNBC] Coronavirus live updates: Gottlieb says worst of outbreak will pass by January; Pence sees no need for a mask mandate

[Reuters] U.S. job growth roars back, but COVID-19 resurgence spells trouble ahead

[USAT] Senate passes bill to sanction Chinese officials over Hong Kong, measure goes to Trump for final approval

[Reuters] Brazil revises 2020 fiscal outlook, sees 'lost decade' for national debt

[FT] Investors are too complacent about emerging market risks