Tuesday, September 8, 2020

Tuesday Evening Links

[Reuters] Stocks end lower as tech swoon persists, Tesla in historic drop

[CNBC] AstraZeneca shares drop 6% after company announces ‘routine’ safety pause in vaccine trial

[CNBC] Tesla falls 21%, worst single-day loss in its history

[Reuters] Dollar rises to four-week high as sterling, U.S. stocks fall

[The Hill] US budget deficit hits record $3 trillion: CBO

[CNBC] Coronavirus live updates: Summer air travel down 76%, drugmakers pledge to prioritize vaccine safety

[Reuters] U.S. job losses in oilfield services and equipment top 100,000: trade group

[Bloomberg] Fed’s Main St. Loan Program Going Mostly to $1 Million-Plus Borrowers

[FT] Why Boris Johnson is considering a no-deal Brexit for a bruised economy



Tuesday's News Links

[CNBC] Nasdaq falls more than 2% as tech plunges once again, Dow drops 300 points

[Reuters] Stocks struggle as tech remains fragile, pound slides

[Reuters] Oil slides over 3% to lowest since June on demand fears

[Yahoo/Bloomberg] Money Markets Have a $750 Billion Problem in Zero-Rate World

[Yahoo/Bloomberg] Dollar’s Waning Influence Evident as Gold Breaks Up With EM Debt

[AP] As California burns, the winds arrive and the lights go out

[Reuters] India, China accuse each other of firing in the air on tense border

[WSJ] Control of Senate to Ride on Trump’s Fortunes

[WSJ] Mortgage Refinancings Boom, Even as Coronavirus Hits Economy

[WSJ] Chinese Car Sales Rise at Fastest Rate in More Than Two Years

[FT] Coronavirus surges in India as infections spread from cities