wiar 04-06-19

Mary FanslauWhat I Am Reading

April 06 (Saturday)

Markets
S&P 500 Closes Higher for Seventh Straight Session (W)
First-quarter earnings are expected to be lousy, but the stock market may not care (C)
‘How is this possible?’ Analysts puzzle over stock market’s rally amid equity-fund exodus (MW)
U.S. targets Cuba’s oil supply from Venezuela in new sanctions (R)

Central banks
Trump Urges Fed to Cut Rates, Resume Bond Purchases (W)

US
U.S. Adds 196,000 Jobs in March, a Return to Solid Growth (N)
Opinion: The jobs report nails it: It’s a slowdown, not a recession (MW)
Hiring Rebounded in March, Helping Ease Downturn Jitters (W)
Cramer’s game plan: The March jobs number was enough to dim recession worries (C)
America’s bustling jobs market is still leaving some people behind (C)

US politics
70% of Wall Street thinks Trump will be reelected in 2020 (C)
Trump hires law firm to fight bid by Congress to get his income tax returns (C)

Geopolitics & trade
US to designate elite Iranian force as terrorist organization (C)

Industries & companies
Aerospace: Boeing to cut 737 Max production beginning in mid-April (C)
FAANGs: Apple Music Overtakes Spotify in Paid U.S. Subscribers (W)
FAANGs: Amazon’s Rise in Ad Searches Dents Google’s Dominance (W)
Pharma: Plan to End Drug Rebates Adds Protections for Insurers (W)
Tech: Samsung Hopes Strong Chip Sales Aren’t Just a Memory (W)
Tech: The Only Thing Going Right for Tech Companies Is the Stock Market (B)

Cybersecurity
Cisco finds dozens of open-air groups peddling cybercrimes to 385,000 users on Facebook (MW)

Corporate finance
Judge to Hold Hearings on Decision to Allow CVS-Aetna Merger (W)
Several private firms still interested in buying Nielsen as sale process drags on (C)
Gold Badges and Boozy Breakfasts: Inside the Frenetic Fight for IPO Listings (W)