Thursday, February 2, 2023

Friday's News Links

[Yahoo/Bloomberg] US Stocks Drop on Strong Jobs, Weak Earnings: Markets Wrap

[CNBC] Treasury yields leap after much hotter jobs report than expected

[Reuters] India's Adani shares nosedive on worries about Hindenburg fallout

[Yahoo/Bloomberg] China Stock Rally Falters as Investors Seek Fresh Impetus

[AP] US adds a surprisingly strong 517,000 jobs despite Fed hikes

[CNBC] Payrolls increased by 517,000 in January, much better than 187,000 expected

[Yahoo/Bloomberg] Markets Play Game of Chicken With Central Banks on Pivot Bets

[Reuters] Adani row rocks India's parliament amid financial contagion fears

[Yahoo/Bloomberg] Adani Rout Erases Half of Group Value Since Hindenburg Report

[Reuters] China Jan services activity expands for first time in five months - Caixin PMI

[Reuters] Exclusive: China eyes help for shell-shocked consumers but big stimulus unlikely-sources

[Reuters] Chinese spy balloon flies over the United States, Pentagon says

[AP] China says balloon is for research, accidently strayed

[WSJ] The Market Tanked, but Americans Kept Piling Money Into Their 401(k)s

[FT] Fed and ECB diverge as Lagarde tackles ‘alive and kicking’ inflation

[FT] Big Tech groups disclose $10bn in charges from job culls and cost cutting

[FT] China’s recovery might be a bit less than meets the eye

Thursday Evening Links

[Yahoo/Bloomberg] Stock Surge Is Pared After Hours on Tech Earnings: Markets Wrap

[Yahoo/Bloomberg] Apple's lower iPhone sales drive first profit miss since 2016

[AP] Alphabet posts lower Q4 profit amid ad squeeze, competition

[AP] Amazon beats Q4 revenue estimates, but profits slump

[Yahoo/Bloomberg] Nasdaq, S&P 500 post strong gains on Fed relief, Meta surge 

[Yahoo/Bloomberg] Analysis: Markets to central bankers: we don't believe you

[Reuters] Exclusive: Adani made scheduled U.S. bond payments, to release credit report Friday

[Bloomberg] Stock Buybacks Race to Record $132 Billion Start as Companies Snub All Warnings

[Bloomberg] Adani’s $52 Billion Wealth Wipeout in Six Days Has Few Parallels

[WSJ] Stock, Bond and Crypto Investors Bet Fed Is Bluffing on Interest Rates

[FT] Tett: The battle for the Colorado River is a water warning to us all

Thursday's News Links

[Reuters] Nasdaq jumps more than 2% on Meta surge, Fed relief

[Yahoo/Bloomberg] Oil Struggles as Traders Swap Commodities for Growth Stocks

[Politico] Here's how the debt crisis could end — if Biden-McCarthy talks fail

[Yahoo/Bloomberg] ECB Hikes by Half-Point and Signals Same Again in March

[Yahoo/Bloomberg] Ukraine Latest: Putin Vows Victory as EU Mounts Show of Support

[The Hill] Parents pay at least one monthly bill for 40 percent of millennials

[NYT] Falling Mortgage Rates Bring Some Home Buyers Back to Market

[WSJ] Short on Cash, More Americans Tap 401(k) Savings for Emergencies