Wednesday, December 2, 2020

Thursday's News Links

[Yahoo/Bloomberg] Global Stocks Edge Up to Record Highs; Dollar Dips: Markets Wrap

[Reuters] S&P 500 flat as vaccine cheer offsets high jobless claims

[Yahoo/Bloomberg] Dollar Is Dropping to Multi-Year Lows Against Peers, One by One

[CNBC] Jobless claims hit pandemic-era low as hiring continues even with rising coronavirus cases

[Reuters] Deal on fresh U.S. coronavirus relief eluding congressional Republicans, Democrats

[Yahoo/Bloomberg] Trump Keeps Hammering China Just Weeks Before Biden Takes Over

[CNBC] U.S. reports record 2,800 Covid deaths in a single day, hospitals pushed to the limits

[CNBC] Coronavirus live updates: L.A. mayor orders stay-at-home; U.S. hospitalizations cross 100,000

[Yahoo/Bloomberg] Behind Every Record-Breaking Market Level Is the Fed’s Largesse

[Yahoo/Bloomberg] Corporate America’s Cash Burn Problem Is Getting Worse

[Yahoo/Bloomberg] False Dawn in Treasury Yields Seen With Fed Posing Risk

[Reuters] Los Angeles mayor orders residents to stay home to avert 'dreaded scenario'

[Reuters] Chinese firms on U.S. exchanges threatened by bill headed to Trump's desk

[Reuters] Growth in China's services sector soars on stronger consumer demand: Caixin PM

[Yahoo/Bloomberg] Power Cuts Begin in California as High Winds Risk New Fires

[Yahoo/Bloomberg] Housing Frenzy in New Zealand Exposes Perils of Ultra-Low Rates

[Bloomberg] L.A. Orders Stay-Home; U.S. Has Deadliest Day Ever: Virus Update

[WSJ] Congress Sets Stage for Exiling Chinese Stocks From U.S. Over Audit Dispute

[WSJ] November Bankruptcies Hit 14-Year Low With Steep Drop in Personal Filings

[FT] The ‘everything rally’: vaccines prompt wave of market exuberance

Wednesday Evening Links

[CNBC] Stock futures mostly flat as Wall Street awaits news on stimulus, vaccines

[Reuters] Asian investors anticipate modest rise in markets after mixed day on Wall Street

[Yahoo/Bloomberg] Stocks Pause Around Record High; Dollar Slips: Markets Wrap

[CNBC] U.S. tops ‘unfathomable’ milestone of 100,000 Covid hospitalizations: ‘We’re all on edge’

[CNBC] CDC director warns the next few months could be ‘the most difficult in the public health history of this nation’

[AP] Nurses wanted: Swamped hospitals scramble for pandemic help

[Yahoo/Bloomberg] Pelosi, Schumer Back Using Bipartisan Plan in Stimulus Talks

[Yahoo/Bloomberg] Mnuchin in Talks With Fannie-Freddie Overseer on Rushed Redo

[Reuters] Is U.S. inflation coming back? Jump in market measure sparks debate

[Reuters] Japan's service sector struggles to recover amid COVID-19 resurgence: PMI

[Bloomberg] Powell Says No Rush to Taper Bond Purchases, Mum on Doing More

Wednesday Afternoon Links

[Yahoo/Bloomberg] U.S. Stocks Fluctuate Near Record Highs: Oil Gains: Markets Wrap

[Reuters] Dollar falls to fresh 2-1/2-year low on U.S. stimulus bets

[CNBC] McConnell, Schumer far apart on unemployment benefits, stimulus proposals

[Reuters] Mnuchin, Powell press again for deal to get economy through the COVID winter

[Yahoo/Bloomberg] Powell Says No Rift With Mnuchin, Signals Fed Not Stepping Back

[Reuters] Fed: Little to no growth in four of 12 regions as stress mounts

[CNBC] Coronavirus live updates: CDC loosens quarantine guidelines while also warning against winter travel

[Yahoo/Bloomberg] Bleak Holiday Ahead for Millions of Americans Seeing Income Drop

[Yahoo/Bloomberg] Crashing a $5.2 Trillion Party: Debut ETF Issuers Hit Record

[Reuters] EU faces dangerous dilemma over financing battle

[WSJ] Coronavirus Stimulus Efforts Show Momentum

[WSJ] China Has One Powerful Friend Left in the U.S.: Wall Street