Be in the know. 20 key reads for Wednesday…

  1. Pfizer stock jumps after it reports positive data in early-stage coronavirus vaccine trial (CNBC)
  2. June private payrolls rose 2.37 million and there was a big positive revision for May, ADP says (CNBC)
  3. FedEx Crushes Earnings Views As Residential, Pacific Deliveries Jump (Investor’s Business Daily)
  4. Companies Hit by Covid-19 Want Insurance Payouts. Insurers Say No. (Wall Street Journal)
  5. Fed Keeps Options Open on Yield Caps but Looks to Other Tools First (Wall Street Journal)
  6. US buys nearly all global stock of coronavirus drug remdesivir (New York Post)
  7. $130 Billion Left at Paycheck Program Deadline, but Senate Acts to Extend It (New York Times)
  8.  An Economist on What the Next Fiscal Stimulus Package Could Include (Barron’s)
  9. Here’s what history tells us happens after the S&P 500’s best quarters of all time, as strategist says it’s set to repeat (MarketWatch)
  10. China’s Caixin manufacturing PMI hits 6-month high (MarketWatch)
  11. Dow Has Best Quarter Since 1987. Is It a New Bull Market? (Barron’s)
  12. Conf. Board Consumer Confidence (Jun) 98.1 vs 91.5 Expected (Street Insider)
  13. EXCLUSIVE: US negotiates rival to OPEC as historic Trump trade deal takes effect (Fox Business)
  14. US private sector added 2.37M jobs in June, May revised to gain of 3M (Fox Business)
  15. Commerce Sec. Ross: Why Hong Kong may start to see companies relocate (Fox Business)
  16. Europe outperforms Wall Street as investors look across the Atlantic (Financial Times)
  17. How The Popeyes Chicken Sandwich Is Helping Drive Sales Increases Despite The Pandemic (Benzinga)
  18. OPEC Plus Success. The Energy Report (Phil Flynn)
  19. BOE’s Haskel Sees Activity Returning Faster Than Expected (Bloomberg)
  20. United plans to add 25,000 flights in August as customers ‘are slowly returning’ (CNBC)