(Bloomberg) -- U.S. futures retreated and Asian stocks looked set to decline as investors mulled further signs of coronavirus outbreaks in countries from the U.S. to Australia.S&P 500 contracts fell in early Asia trading and those in Japan and Hong Kong pointed lower. California reported record new cases and Florida infections jumped more than the weekly average. The Australian dollar was weaker as one state extended its state of emergency due to fresh cases. The kiwi fell.Markets remain vulnerable as governments gradually ease coronavirus lockdowns and travel restrictions to revive economic growth while attempting to control the spread of Covid-19. Meanwhile, China over the weekend released details of a proposed national security law that would give the mainland the right to directly prosecute Hong Kong residents for still vaguely defined offenses.“Shares remain technically overbought and vulnerable to a further correction or period of consolidation, but we continue to see it as...
Is bitcoin having a good year or not? As an industry, we need to work on honing our understanding of the many narratives, and how they can influence value....
On Monday, Apple Inc. (NASDAQ: AAPL) will stream its first all-digital Worldwide Developers Conference on its own platforms, YouTube and other online services.Here are the rumored highlights creating the most chatter.1\. watchOS 7Recent rumors suggest the next update to the watchOS will include more actionable sleep tracking, a pulse oximeter to estimate blood-oxygen levels, a feature to detect panic attacks and prompt calming exercises, and a kids mode linked to GPS."Leading with digital health and wellness is the winning approach for Apple Watch over the next decade," Loup Ventures managing partner Gene Munster wrote in a note.2\. iOS 14New features are rumored to include a list-view of apps on the Home screen, a new fitness app with guided workout videos, an augmented reality app, a function to handwrite text, and third-party wallpaper options.The update could also allow users to set third-party mail, browser and music apps as default; retract iMessages or...
(Bloomberg) -- California’s new cases rose by a record and Florida infections jumped more than the weekly average, more signs of a possible resurgence of coronavirus in U.S. Sun Belt states. U.S. infections rose 1.2%.An anti-government protest in The Hague over government steps turned violent, prompting hundreds of arrests. China blocked poultry from a Tyson Foods plant where many workers tested positive.A U.S. infectious disease researcher expects a “forest fire of cases” and no let up this summer. The U.K. is considering an emergency reduction in the value-added tax.Key Developments:Global Tracker: Cases pass 8.8 million; deaths top 465,000Here’s what you need to know about phase two as NYC reopensTyson, Pepsi among companies hit by fallout of Beijing outbreakGerman infection rate up with surge in meat, refugee facilitiesU.K. will set out further easing measures this weekTrump questions the U.S. case countSubscribe to a daily update on the virus from Bloomberg’s Prognosis team...
