Monday, December 21, 2020

Tuesday's News Links

[Reuters] Stocks recover as U.S. stimulus offsets angst over new coronavirus strain

[Reuters] Spread of virus mutation keeps euro and pound under pressure

[Yahoo/Bloomberg] Oil Extends Loss With Virus Mutation Threatening Energy Demand

[CNBC] U.S. third-quarter GDP growth revised slightly higher

[Yahoo/Bloomberg] Senate Passes Giant Package Wrapping Relief, Funding, Tax Breaks

[Reuters] After months of inaction, U.S. Congress approves $892 billion COVID-19 relief package

[CNBC] Covid live updates: BioNTech confident vaccine will work on UK variant

[AP] Congress takes aim at climate change in massive relief bill

[Yahoo/Bloomberg] Default Story Far From Over for Virus-Hit Emerging Economies

[Bloomberg] IPO Frenzy Drives Record $435 Billion in U.S. Stock Sales

[Bloomberg] Commercial Real Estate’s Pandemic Pain Is Only Just Beginning

[Bloomberg] U.S. Bankruptcy Tracker: Virus Sparks Worst December Since 2011

[WSJ] Investors Turn to Far-Flung Bonds for Juicy Returns

[FT] Fed backstop masks rising risks in America’s corporate debt market

[FT] What we know about the new coronavirus strain

Monday Evening Links

[CNBC] Stock futures little changed as Congress prepares to vote on stimulus deal

[Reuters] S&P 500 ends lower as COVID worries lightened by stimulus

[Reuters] U.S. House begins debate on $900 billion coronavirus package as funding deadline looms

[Yahoo/Bloomberg] Isolated U.K. Battles to Reopen Trade Route Amid Port Chaos

[CNBC] Covid live updates: WHO says Covid mutates slower than seasonal flu; Biden takes Covid vaccine live on TV

[Reuters] Exclusive: Apple targets car production by 2024 and eyes "next level" battery technology - sources

[Bloomberg] Georgia Runoff Turnout Nears 1.5 Million and Heads Toward Record

Monday Afternoon Links

[Yahoo/Bloomberg] S&P 500 Slips on Virus Angst After European Rout: Markets Wrap

[CNBC] Dow erases 400-point loss and turns positive as Nike, bank shares jump

[Reuters] Oil tumbles 3% as new virus strain revives demand fears

[Reuters] Goldman Sachs, Morgan Stanley lead U.S. bank rally after stress test

[Yahoo/Bloomberg] Relief Checks Out Next Week, Fed Fight Lingers

[Reuters] 'Better than nothing'- the U.S. $900 billion COVID-19 stimulus helps but underwhelms

[Reuters] 'Help is on the way' with U.S. Congress ready to pass $900 billion COVID-19 aid bill

[CNBC] GOP Sen. Pat Toomey explains why he fought to end emergency Fed lending programs in Covid bill

[AP] California hospitals discuss rationing care as virus surges

[AP] Cut off: Britain hit with travel bans over new virus strain

[Bloomberg] NIH to Study Allergic Reactions Linked to Covid-19 Shots

[Bloomberg] Tesla Fuels $166 Billion Bonanza in a Risky Corner of Finance