Thursday, May 4, 2023

Friday's News Links

[Yahoo/Bloomberg] Bank Shares Surge After Chaotic Week; Apple Gains: Markets Wrap

[CNBC] Treasury yields surge after much hotter-than-expected April jobs report

[Yahoo/Bloomberg] Oil Rebounds After Slumping 10% This Week on Demand Concern

[Yahoo/Bloomberg] China’s Weaker Builders Plunge on Regulatory Warning About Risks

[CNBC] Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows

[AP] US adds a strong 253,000 jobs despite Fed’s rate hikes

[CNBC] Americans haven’t been this worried about their bank deposits since the 2008 financial crisis

[Reuters] U.S. bankers urge SEC to probe short sales, reduce 'abusive' trading

[CNBC] Central bank gold demand hits first-quarter record, investments surge on U.S. banking turmoil

[Reuters] Global equity funds see biggest weekly outflow in five weeks

[Yahoo/Bloomberg] ECB Officials Get Behind Lagarde’s Pledge of More Rate Hikes

[Reuters] China's services activity expands as consumers return - Caixin PMI

[Reuters] China assures Russia, India of deepening 'cooperation'

[Reuters] China's aircraft carriers play 'theatrical' role but pose little threat yet

[Reuters] Marcos says Philippines bases could be 'useful' if Taiwan attacked

[Reuters] Russia's Prigozhin says Wagner fighters will quit Bakhmut to 'lick our wounds'

[Reuters] Analysis: Smoldering Iran nuclear crisis risks catching fire

[WSJ] Is the Fed Done Raising Rates?