Be in the know. 10 key reads for Friday…

  1. China Banks Cut Key Rate by Record to Boost Ailing Economy (bloomberg)
  2. China’s Stimulus Tops $5 Trillion as Covid Zero Hits Economy (bloomberg)
  3. WHO clears COVID vaccine by China’s CanSino Biologics for emergency use (reuters)
  4. Stocks Rise as Chinese Stimulus Boosts Global Sentiment (barrons)
  5. Why the Retail Wreck Is Good News for Amazon Stock (barrons)
  6. Foot Locker Tops Profit Estimates. Sees Year Earnings at ‘Upper End’ of Guidance. (barrons)
  7. Deckers Outdoor Stock Jumps. Thank Strong UGG Sales for That. (barrons)
  8. China Promised to Shore Up Its Battered Tech Companies. It Helped Boost Stocks for Now. (barrons)
  9. Boeing’s Starliner Reaches Orbit, Adding to Recent Better News for the Stock (barrons)
  10. The technician who called the 2020 market bottom says a ‘shocking rally’ is in store (MarketWatch)