Wednesday, July 8, 2020

Thursday's News Links

[CNBC] Stocks higher as tech shares rise again, jobless claims better than expected

[Reuters] China charges on, gold reaches nine-year high

[Reuters] Gold holds above $1,800 as virus cases spike

[Reuters] U.S. weekly jobless claims stay elevated; labor market improvement stalling

[CNBC] A ‘financial war’ with China could be brewing on top of the trade war

[Yahoo/Bloomberg] JPMorgan Says Liquidity Conditions Are Making Markets Vulnerable

[Reuters] China's producer prices extend declines but recovery signs emerge

[Reuters] Exclusive: Chinese banks prepare contingency plans over threat of U.S. sanctions, sources say

[Yahoo/Bloomberg] ‘There’s No Way I Can Lose’: Inside China’s Stock-Market Frenzy

[Yahoo/Bloomberg] China Industrial Firms in Refinancing Fix as Debt Wall Looms

[Yahoo/Bloomberg] Trudeau’s Deficit Swells to 16% of Output on Massive Virus Aid

[Yahoo/Bloomberg] Hedge Funds Lost a Record 7.9% in Pandemic-Plagued First Half

[Bloomberg] Manhattan Apartment Rents Slide After Exodus Empties Buildings

[WSJ] Companies Raised Record Amounts by Selling Stock During Covid-19 Crisis

[WSJ] U.S. Companies Slashed Dividends at Fastest Pace in More Than a Decade

[WSJ] Covid-19 Test Results Take Longer as Infections Rise Sharply

[FT] China says ties with US at lowest point since 1979

[FT] Crunch time for long/short funds after Lansdowne calls it quits

Wednesday Evening Links

[Reuters] Nasdaq ends at record high as Wall Street rises with tech shares

[CNBC] Stock futures point to 0.2% gain after Nasdaq clinches new record

[Reuters] Dollar tumbles to two-week low as Nasdaq hit record closing high

[CNBC] Coronavirus live updates: California ramps up hospital capacity as cases surge

[Reuters] Global coronavirus cases rise to more than 12 million

[AFP] Brain problems linked to even mild virus infections: study

[Reuters] Special Report: Bolsonaro bets 'miraculous cure' for COVID-19 can save Brazil - and his life

Wednesday Afternoon Links

[Reuters] Wall Street rises on rebound hopes despite jump in virus cases

[Reuters] Gold storms past $1,800 towards new record high

[CNBC] Coronavirus live updates: U.S. surpasses 3 million cases, Phoenix mayor calls for testing surge

[CNBC] 32% of U.S. households missed their July housing payments

[AP] Renters face financial cliff ahead; limited help available

[Reuters] United Airlines sending 'gut punch' furlough warnings to 36,000 workers

[CNBC] Coronavirus cases surge among younger Californians

[CNBC] Dividend payments plunge by $42.5 billion in worst quarter for income investors since financial crisis

[Reuters] U.S. will act to deny China access to Americans' data, says Pompeo

[CNBC] As inflation jumps, Turkey faces the prospect of another currency crisis