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OPEC+ Agrees to Extend Output Cuts as Quota Cheats Offer Penance (Bloomberg )
Selloff reminiscent of an older bear market: Oakmark’s Nygren (CNBC )
A Booming Stock Market Could Come Back to Bite the Recovery (Bloomberg )
Can Big Business Fix Racial Injustice? It Has to Try. (Barron’s )
3 Stocks That Could Benefit When Dining Out Returns (Barron’s )
Here are the 10 most under and overbought S&P 500 stocks, according to Goldman (MarketWatch )
How the U.S. dollar’s ‘almost silent slide’ is juicing the stock-market rally (MarketWatch )
These stocks rose by double digits Friday as underperforming sectors bounced back (MarketWatch )
American Airlines stock adds to its tally of records with a weekly gain of over 75% (MarketWatch )
Minneapolis-based U.S. Bancorp to spend over $115 million to address ‘economic and racial inequities’ (MarketWatch )
Antibody Drugs Could Help Curb the Pandemic. What Investors Need to Know. (Barron’s )
Occidental Stock Rockets 30% Higher (Barron’s )
Amid U.S.-China Tensions, Active Managers Are Buying (Barron’s )
U.S. Unemployment Rate Fell to 13.3% in May (Wall Street Journal )
Home Prices Are Rising, Along With Post-Lockdown Demand (New York Times )
Bears Thwarted Again by Stock Market That Believes in Recovery (Bloomberg )
These 25 Photos Show Why Things Were Designed The Way They Were (Fetch Sport )
Meet the estate agents turning themselves into superstars (Financial Times )
The Art of Being Alone (Farnam Street )
Jamie Dimon: Fed is bringing out the bazooka (YouTube )
Stocks Take Off as Jobs Come Back (Barron’s )
China to Allow Foreign Airlines to Restore Some Flights After U.S. Pressure (Wall Street Journal )
Time to Buy Emerging Markets? (Barron’s )
Oil Rebounds as Market Waits for Production Cuts (Barron’s )
Oil prices rise as OPEC+ seen setting stage for weekend meeting (MarketWatch )
Casino Stocks Are Surging as Las Vegas Reopens (Barron’s )
‘Europe Finally Got the Message’: Leaders Act Together on Stimulus (New York Times )
Researchers Retract Study Linking Malaria Pill to Heart Risk (Bloomberg )
History Suggests the Handshake Will Survive the Pandemic (Bloomberg )
Is the Coronavirus Really Getting Weaker? (Bloomberg )
Trump Team Envisions Up to $1 Trillion for Next Stimulus Round (Bloomberg )
Las Vegas Casinos Reopen With $30-a-Night Rooms on the Strip (Bloomberg )
10-year Treasury yield surges above 0.9% after better-than-expected jobs report (CNBC )
The ‘Inconvenient Fact’ Behind Private Equity Outperformance (Institutional Investor )
‘The biggest payroll surprise in history’ — economists react to May jobs report (MarketWatch )
India Stocks Set for Second Weekly Gain on Easing Lockdown (Bloomberg )
European Central Bank Ramps Up Stimulus Program Beyond $1.5 Trillion (Wall Street Journal )
Airlines Add Flights as Travel Slowed by the Coronavirus Starts to Pick Up (Wall Street Journal )
Americans Are Saving More, but How Long Can It Last? (Wall Street Journal )
Investors Climb Back Into Riskiest Emerging-Market Bonds (Wall Street Journal )
ECB to Spend Extra 600 Bn Euro on Emergency Bond Buys (Barron’s )
Deutsche Bank Upgrades Wells Fargo (WFC) to Buy; Risks Priced In (Street Insider )
The Morgan Wallen “Chasin’ You” Stock Market (and Sentiment Results)… (Zero Hedge )
Friday’s Job Report Could Support Recovery Hopes (Barron’s )
Consumer Spending Trickles Back as U.S. Reopens (Barron’s )
Podcast: The Paycheck Protection Program Is Starting to Run Out (Barron’s )
History Can Show Us Why the Market Is Rising Now (Barron’s )
Pinterest Accelerates Tech Projects as Pandemic Boosts User Engagement (Wall Street Journal )
Fed Expands Municipal Bond Program, Opening Door to Some Smaller Cities (New York Times )
Beijing to Give $1.7 Billion in Vouchers to Boost Shopping (Bloomberg )
Global GDP Tracker’s 2.3% Drop in May Shows Worst Over (Bloomberg )
Fauci (the Horse) Loses Race Badly in the Mud at Belmont Park (Bloomberg )
European Central Bank takes its pandemic bond buying to 1.35 trillion euros to try and prop up economy (CNBC )
Here are the 9 economic relief programs the Fed is using to combat coronavirus fallout (Business Insider )
An oil CEO says crude prices could surge 90% to $70 by fall because US firms have ‘over-cut production’ (Business Insider )
Saudi Arabia and Russia push for an extension to output cuts, OPEC+ meeting this week still possible (CNBC )
American Airlines (AAL) Increases Domestic Flying for Summer Travel Season, Begins Reopening Admirals Clubs and Increases Flexibility (Street Insider )
10 US Oil Companies Still Likely to Thrive in 2030 (24/7 Wall Street )
1.88 million workers file for unemployment benefits (Yahoo! Finance )
Nio stock surges after company posts record-high deliveries for May (MarketWatch )
Homebuilders will benefit from Millennials leaving cities: Expert (Fox Business )
U.S. banks attract bargain hunters (Reuters )
Locked-Up Journalists. Espionage Investigations. Constitutional Challenges. The Government’s Release of Economic Data Was Arcane and Complex — Until Now. (Institutional Investor )
Gilead Analyst: Coronavirus Drug, Arcus Collaboration Make Biopharma A Buy (Benzinga )
Royal Caribbean to offer up to $2 billion in bonds and convertible bonds that mature in 2023 (MarketWatch )
ADP Employment Change (May) -2.76M vs -9M Expected (StreetInsider )
Gilead developing inhaled remdesivir usable outside of hospitals (New York Post )
Trump Administration Escalates Global Fight Over Taxing Tech (New York Times )
Small banks and small businesses turned out to be a good combination when it came to PPP loans (USA Today )
Eurozone services PMI climbs to 30.5 in May (MarketWatch )
Restaurant bookings have fully recovered in Germany in a sign that activity rebounds quickly as lockdowns ease (MarketWatch )
Here’s what the ECB has been buying with the special pandemic asset-purchase program that it is set to expand (MarketWatch )
Barron’s Daily: Good News Stock Investors — the Dollar Is Slumping (MarketWatch )
Gilead’s stock upgraded on high hopes for remdesivir revenue (MarketWatch )
The No. 1 thing Americans are spending their stimulus checks on — even more than shopping at Costco, Walmart and Target (MarketWatch )
Saudi, Russia reach deal on oil cuts, raising pressure for compliance (Reuters )
China drives global oil demand recovery out of coronavirus collapse (Reuters )
Boeing jumps after Third Point reveals stake in monthly report (TheFly )
Real Estate Investors View Small Cities as Big Opportunities (Institutional Investor )
China Caixin service PMI up sharply in May (MarketWatch )
What Happened in 1968 Can Show Us Why the Market Is Rising Now (Barron’s )
Lyft Says Ride Volumes Picked Up Smartly in May (Barron’s )
Boeing and Airbus Will Benefit First From an Aerospace Recovery (Barron’s )
A Relative Calm as U.S. Cities Undergo Curfews (Wall Street Journal )
How many small businesses in US are now fully or partially open (Fox Business )
Mortgage demand from homebuyers jumps 18%, as interest rates set another record low (CNBC )
Heart Drugs Show Promise With Covid-19 Complications (Wall Street Journal )
British Pound Climbs on Optimism Over EU Trade Talks (Wall Street Journal )
Fed Promised to Buy Bonds but Is Finding Few Takers (Wall Street Journal )
Coronavirus Stimulus Funds Are Largely Spoken for Wall Street Journal )
New coronavirus losing potency, top Italian doctor says (Reuters )
Why Protests Rarely Rattle Markets (Barron’s )
Coty shakes off Kylie Jenner problem, surges 20 percent after KKR buys stake (New York Post )
American Exporters Sell Soy to China Despite Rising Tensions (Bloomberg )
Pound Advances on Glimmer of Optimism Around Latest Brexit Talks (Bloomberg )
Investment banks are torn on which way the market is heading. Citi warns stocks are ‘way ahead of reality,’ but JPMorgan says they can climb higher. (Business Insider )
The pandemic leads to a running boom in America: Morning Brief (Yahoo! Finance )
Oil prices rise ahead of OPEC+ meeting on output cuts (Reuters )
EasyJet to restart flights to 75% of route network by August (BBC )
Oil Prices Mixed As OPEC Tries To Get Ahead Of New Flash Point (Investor’s Business Daily )
Citi Option Trader Bets Nearly $1M On Long-Term Upside (Benzinga )
The Buy-Side Trader Is Getting Outsourced in Coronavirus Crisis (Bloomberg )
One in Four U.S. Covid-19 Deaths Are in Nursing Homes, Data Shows (Wall Street Journal )
The Lancet’s Politicized Science on Antimalarial Drugs (Wall Street Journal )
Buy Lilly, AbbVie and Merck, J.P. Morgan Says (Barron’s )
Las Vegas Casinos Reopen This Week. The Stocks May Reap Different Fortunes. (Barron’s )
Norwegian Cruise Stock Has Tumbled. The Company Has a New Top Investor. (Barron’s )
Here Are Six Dividend Stocks With Solid Payout Prospects—and a Built-In Exit Strategy (Barron’s )
Morgan Stanley Thinks a V-Shaped Recovery Is Possible (Barron’s )
Who Can Get a Loan Through the Paycheck Protection Program? (Barron’s )
Wall Street and Fed fly blind as coronavirus upends annual stress tests (Reuters )
Chinese manufacturing output surged the most in 9 years in May, signaling a coronavirus recovery. (Business Insider )
OPEC+ to Discuss Short Extension of Oil Output Cuts (Bloomberg )
Russians claim to have an effective treatment for the coronavirus, which hospitals will start using this month (CNBC )
Coronavirus May Be a Blood Vessel Disease, Which Explains Everything (Medium )
Tesla CEO Elon Musk Makes History With SpaceX (Barron’s )
Not All Cyclicals Are Created Equal. These 7 Are Resilient. (Barron’s )
Dollar Slides as Investors Regain Confidence in Global Economy (Wall Street Journal )
Tenants Largely Stay Current on Rent, for Now (New York Times )
Record Ratings and Record Chaos on Cable News (New York Times )
Wuhan’s Mass Testing May Have Eradicated the Coronavirus (Bloomberg )
The Unusual Ambitions of Chamath Palihapitiya (Institutional Investor )
Women-led hedge funds beat male rivals in coronavirus crisis (Financial Times )
Nio CEO Says Tesla An Ally In Increasing Sales, Remains Bullish On Chinese EV Market Growth (Benzinga )
Yale Epidemiologist: Hydroxychloroquine Should Be ‘Widely Available And Promoted Immediately’ As Standard Treatment (ZeroHedge )
Barron’s Picks And Pans: Cheniere Energy, Delta Air Lines, Extended Stay And More (Benzinga )
Goldman Sachs bets against the dollar as economies reopen (CNBC )
7 Cyclical Stocks That Can Ride Out the Coronavirus Slump (Barron’s )
Europeans Want to Travel Again. What That Means for Booking Stock. (Barron’s )
Remote Work Could Spark Housing Boom in Suburbs, Smaller Cities (Wall Street Journal )
SpaceX Speeding Astronauts to Space Station in Landmark Trip (Bloomberg )
An Encouraging EIA Report (Futures Mag )
Howard Marks: Get Used to Uncertainty (Institutional Investor )
Powell says Fed ‘strongly committed’ to helping US economy (Financial Times )
Under Pressure (The Reformed Broker )
Latest memo from Howard Marks: Uncertainty II (OakTree )
Lockdowns vs. the Vulnerable (Wall Street Journal )
When Safety Proves Dangerous (Farnam Street )
Top Value Managers Share Stock Ideas (Validea )
Typical June Trading: Early Gains Tend to Fade After Mid-Month (Almanac Trader )
Gordon Murray Says the Hotly Anticipated T.50 Will Be the Lightest Supercar Ever Made (Robb Report )
ECRI Weekly Leading Index Update (Advisor Perspectives )
2021 Dodge Challenger ACR Is Being Benchmarked Against the Viper: Report (The Drive )
The Beige Book And The Pig Farmer (NPR Planet Money )
“We are about to see the best economic data we’ve seen in the history of this country,” says a top former economic adviser to Obama. (POLITICO )
How sugar can temporarily sabotage your immune system (CNET )
Ryan Gosling’s ‘Wolfman’ Gears Up at Universal as Director Decision Nears (EXCLUSIVE) (Variety )
A Giant Pension Bought Citigroup and CVS Stock. Here’s What It’s Selling. (Barron’s )
Watch Musk, Leno Test Drive the Tesla Cybertruck (Popular Mechanics )
Netflix comedy ‘Space Force’ shows real military branch’s struggle to be taken seriously (NBC News )
How Fed Could Goose Economy via Yield-Curve Control (Bloomberg )
JPMorgan provides 5 charts that suggest the stock market still has ‘plenty of room’ to rise from current levels (Business Insider )
Ride the Travel Rebound With 7 Less Risky Stocks (Barron’s )
Saudis transfer $40bn to back wealth fund’s spending spree (Financial Times )
Disney World gets green light to reopen July 11 (CNBC )
‘Return-to-work’ bonuses of $450 a week, second stimulus checks: What’s being discussed in DC (CNBC )
Trump’s China Response Leaves Room to De-Escalate Tensions (Bloomberg )
The Really Big Stock Bull Case Says Fed Stimulus Doesn’t Go Away (Bloomberg )
Texas Is Showing the World How to Reopen Cautiously (Bloomberg )
Defense Stocks Lockheed, Northrop, L3Harris Just Below Buy Points In Coronavirus Market Rally (Investor’s Business Daily )
How to Assess U.S. Threat to Delist Chinese Stocks (Barron’s )
The Market’s Rally Could Linger for a Few Weeks. That Doesn’t Mean We’re in the Clear. (Barron’s )
Casinos and Theme Parks Are Reopening This Summer. It Could Be Good News for Airlines. (Barron’s )
3 Airline Stocks That Can Benefit From a Pickup in Domestic Travel (Barron’s )
Americans Are Getting Back on the Road. 3 Stocks to Buy. (Barron’s )
Why the Stock Market Shrugged Off Escalating U.S.-China Tension This Week (Barron’s )
U.S. oil futures up 88% in May, biggest monthly rise on record (MarketWatch )
Plan to Save World’s Crops Lives in Norwegian Bunker (Wall Street Journal )
William Lyon Built Homes in California and Survived Busts (Wall Street Journal )
The Best James Bond Book for Summer—Especially This Summer (Wall Street Journal )
Remote Work Could Spark Housing Boom in Suburbs, Smaller Cities (Wall Street Journal )
Why is the U.S. stock market ignoring a brewing crisis in Hong Kong? (MarketWatch )
Uneven Stock Recovery Divides Real-Estate Industry (Wall Street Journal )
Elon Musk: “We Want to Be a Leader in Apocalypse Technology” (Futurism )
Secretary Madeleine Albright — Optimism, the Future of the US, and 450-Pound Leg Presses (#437) (Tim Ferriss )
Here’s what the Fed will do next, according to a Goldman Sachs economist (MarketWatch )
BAE Systems Stock Should Be on Investors’ Radar. Here’s Why. (Barron’s )
The Market May Have Gotten Ahead of Itself. But Cyclicals Still Look Cheap. (Barron’s )
Sales Challenges Prove that Luxury Carmakers Aren’t Covid-Immune (Barron’s )
Tesla’s Elon Musk just scored this massive payday (Fox Business )
The Dirty Secret of Asset Management: It’s Doing…Okay? (Institutional Investor )
How investors learnt to love the rally in stocks (Financial Times )
Alan Jackson is the latest country star to play outdoor drive-in concerts (USA Today )
Scientists Question Study Linking Malaria Drugs to Covid Risks (Bloomberg )
Americans Have Stopped Thinking the Economy Is Getting Worse (Bloomberg )
Sweden’s Economy Grew Last Quarter, Adding to Covid-19 Debate (Bloomberg )
Mnuchin’s $29 Billion Loan Fund Untapped as Airlines Eye Rebound (Bloomberg )
Boeing Restarts 737 Max Production As Massive Job Cuts Detailed (Investor’s Business Daily )
The Dua Lipa “Did a full 180” Stock Market (and Sentiment Results)… (ZeroHedge )
Vacation rentals around the world have jumped 127% since early April in a sign that people are slowly starting to travel again (Business Insider )
Why Ackman Sold His Berkshire Hathaway Stake (Barron’s )
Regal Owner Cineworld to Reopen Cinemas in July. That’s Not The Only Reason The Stock Is Soaring. (Barron’s )
Battered Delta Stock Could Take Off. Here’s How to Play It. (Barron’s )
Papa John’s second record sales month sends stocks soaring (New York Post )
Apple Lands Martin Scorsese Movie Starring Leonardo DiCaprio and Robert DeNiro (Wall Street Journal )
Facebook’s Mark Zuckerberg on Twitter fact-checking Trump: Companies shouldn’t serve as ‘arbiter of truth’ (USA Today )
Roche Partners With Gilead in Covid Trial of Drug Combination (Bloomberg )
Jamie Dimon Captures the Stock Market Moment (Bloomberg )
With M&A Dead, Wall Street Bankers Keep Busy With Stock Sales (Bloomberg )
Jobless claims rise over 2 million again but data offer glimmer of hope (MarketWatch )
Bank of America CEO Brian Moynihan says U.S. economy starting to ‘come out of the hole’ (CNBC )
Dollar General (DG) Tops Q1 EPS by 86c, Same-Store Sales Increased 21.7% (Street Insider )
Toll Brothers (TOL) Tops Q2 EPS by 11c (Street Insider )
4 Dow Stocks to Buy Now That Have Lagged the Huge Rally (24/7 Wall Street )
Ex-White House adviser Gary Cohn: Congress must act to help US recovery (Fox Business )
Zuckerberg and Dorsey clash as Trump order looms (Financial Times )
Hedge Funds Said One Thing. Their Portfolios Show Another. (Institutional Investor )
