Thursday, August 27, 2020
Evening
- Bonds Slide After Powell; Asia Stock Futures Mixed: Markets Wrap
- Stock futures flat in overnight trading after Dow briefly erases 2020 losses
- S&P, Dow close higher on new Fed inflation stance, COVID test hopes
- As virus rages, US economy struggles to sustain a recovery
- U.S. stock funds see outflows during week of records: Lipper
- China’s Economic Rebound Picks Up Speed on Car and Home Sales
- Fed Approves Shift on Inflation Goal, Ushering in Longer Era of Low Rates
- Fed’s Easy Money Pumps Up Winners Like Apple and Housing
- Yield curve steepens after Fed policy shift
Afternoon
- S&P 500 gives up earlier gains, falls into the red led by Apple and Amazon
- Treasury yields climb after Fed aims for average inflation of 2%
- German 10-year yields rise to highest since July after Powell speech
- In landmark shift, Fed adopts average inflation target, elevates jobs focus
- Hurricane Laura leaves path of destruction before becoming a tropical storm
- For U.S. reopening, labor market wound is healing slowly
- Coronavirus live updates: Senators press labs over test delays; WHO says schools aren’t main contributor to spread
- Turkey says it will hold military drills in eastern Mediterranean
- Fed Unanimously Approves Shift on Inflation Goal, Ushering in Longer Era of Low Rates
- Fed to tolerate higher inflation in policy shift
General
- Dow rises by 200 points as Fed announces new inflation approach that could keep rates low
- Rouble slides again as Putin says Belarus asked for help
- Powell announces new Fed approach to inflation that could keep rates lower for longer
- Fed to target 2% average inflation, elevates focus on jobs
- U.S. weekly jobless claims total 1 million, as expected
- Hurricane Laura batters southwest Louisiana, weakens to Category 2 after 'catastrophic' landfall
- China Cash Shortages Push Up Funding Costs, Pressuring Bonds
- China's industrial profits grow at fastest pace since mid-2018
- Running on empty? Emerging markets burn through reserves fighting virus
- Euro zone corporate lending hovers near 11-year high
- Taiwan warns of accidental conflict as regional tensions rise
- A Warning Flashes for Record U.S. Stock Rally
- China’s Missiles Warn U.S. Aircraft Carriers to Stay Away
- Turkey Braces for Yet Another Currency Crisis
- Fed Unanimously Approves Shift on Inflation Goal, Ushering in Longer Era of Low Rates
- Is this the end for America’s mom-and-pop stores?
- Chinese military drill ratchets up tension with Washington
- Russia ready to deploy police in Belarus if situation worsens
- Brazil’s and Mexico’s presidents are both ‘wrecking balls’
- Brazil’s spending cap debate unnerves investors