Thursday, October 29, 2020

Friday's News Links

[Reuters] Wall Street slumps as tech stocks slide, COVID cases jump

[Reuters] World stocks take fresh dip as COVID infection rate weighs

[CNBC] Apple, Twitter, Facebook, Amazon stock down after earnings fail to wow Wall Street

[Yahoo/Bloomberg] Oil Set for Worst Month Since March as Virus Revival Cuts Travel

[Reuters] Apple shares fall as iPhone sales dip weighs on record quarterly results

[Yahoo/Bloomberg] Volatility Markets Flash Signs of Distress After Turbulent Week

[Reuters] U.S. consumer spending beats expectations in September

[Yahoo/Bloomberg] U.S. Consumer Sentiment Edged Up in Late October, Remained Low

[Yahoo/Bloomberg] Inconclusive Election Poses ‘Terrifying Risk’ Say Wall Street Analysts

[Reuters] 2020 U.S. Election: What you need to know right now

[CNBC] Coronavirus live updates: U.S. infections soar to record highs as hospitalizations climb in 41 states

[Yahoo/Bloomberg] These Are the Charts That Scare Wall Street

[NYP] El Paso to impose second lockdown as local hospitals reach capacity

[AP] Eurozone growth soars record 12.7% but fears grow for winter

[Reuters] COVID-19 cases in England rose by 51,900 per day last week: ONS

[Bloomberg] Fed Has ‘Arsonist and Fireman’ Reputation Traders Can’t Ignore

[Bloomberg] Here’s What Economists Are Saying About China’s New 5-Year Plan

[WSJ] Investors See Senate Races as Key to Election’s Market Impact

[WSJ] Gold, Bonds Failed to Protect Investors Amid Stock-Market Swoon

[FT] Treasury sell-off reignites question: how high can yields go?

Thursday Evening Links

[CNBC] Dow futures fall more than 200 points as Apple and Amazon shares decline after earnings

[CNBC] Apple falls as strong iPad and Mac sales fail to make up for iPhone decline

[Reuters] Stocks rally to pare weekly loss; oil falls further

[Reuters] Treasuries - Yield curve steepens as Wall Street recoups some losses

[Yahoo/Bloomberg] New York and New Jersey Again Face Covid-19 Rising: Virus Update

[Reuters] Record-breaking early voting in U.S. election tops 80 million

[Reuters] U.S stock funds shed $8.8 billion in week as equities skidded: Lipper

[Bloomberg] Investors Pull $2.5 Billion From Junk Debt, Most Since September

[Bloomberg] France Says Second Lockdown Will Cut Economic Output by 15%

[WSJ] U.S. Economy Recovered Significant Ground in Record Third-Quarter GDP Rebound

[WSJ] Europe’s Covid-19 Cases and Deaths Are Climbing, a Warning for the U.S.

[FT] Tett: A disturbing new signal from the CDS market

[FT] Corporate bond market wavers ahead of US election

Thursday Afternoon Links

[Reuters] Wall Street recovers on Big Tech gains, upbeat economic data

[Reuters] No deal in sight on coronavirus relief: White House adviser

[CNBC] Pelosi presses Mnuchin for answers on coronavirus stimulus as she pushes to restart talks

[Reuters] Analysis: Money-printing slowdown leaves governments to take up stimulus slack

[CNBC] Coronavirus live updates: Tennessee and Idaho see record daily deaths, while France and Germany return to lockdown

[STAT] It may be time to reset expectations on when we’ll get a Covid-19 vaccine

[Reuters] Merkel lashes out at populists who say coronavirus is harmless

[NYT] As the West Stumbles, ‘Helmsman’ Xi Pushes an Ambitious Plan for China

[FT] ECB to gobble up more debt next year than governments can sell

[FT] China turns to domestic demand to power economy