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Stock Market Today: Dow, S&P Live Updates for May 25, 2020 BloombergAsian shares reverse early gains, eyes on China-U.S. trade relations Investing.comOil falls as U.S.-China tensions take toll ReutersNew UK legal advice could open door to Hong Kong citizens The GuardianDollar holds advantage as Hong Kong tensions test risk-wary investors Investing.com
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State-owned Qatar Petroleum also eyeing investment opportunities overseas
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Rocketman (and woman): Elon and Gwynne, the pair who made SpaceX Yahoo NewsElon Musk's SpaceX rocket is loaded with pop-culture references New York Post Lockdown strains another romance: California and Elon Musk Hindustan TimesElon Musk Says It's Currently Too Expensive for Self-Sustaining City on Mars ComicBook.com
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 U.S. deliveries of Porsche's first battery-electric face delays because of a six-week COVID-19-related production shutdown in Germany.
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 (Bloomberg) -- When China's largest residential property developer raised money this month, a third of interest came from banks that service the wealthy, a group keeping faith with the nation's beleaguered builders even as other investors flee.The affluent in Hong Kong and the mainland have piled in as Chinese developers sold a record $26 billion in U.S. dollar bonds in the first quarter and $1 billion since, brushing aside concerns that pushed junk-bond yields to an eight-year high in March.Heightened interest from private bank clients and family offices is an important support as developers look to refinance or repay at least $20 billion of debt in a year of uncertain prospects for real estate. Lockdowns across Asia's largest economy have forced more than 100 builders into bankruptcy and the swelling ranks of the unemployed are a continuing threat for the indebted sector. Still, there's confidence that Beijing won't allow a property collapse at a time of slowing economic growth."Yields are especially high this year, giving investors good returns as they bet on the long-term health of China's property market," said Andy Kowk, first vice president of wealth management at Guotai Junan Securities Hong Kong Ltd. "Wealthy investors from mainland China and Hong Kong are very substantial buyers of Chinese developer U.S. dollar bonds."Private banks made up 32% of preliminary orders for a bond offering from home builder Country Garden Holdings Co. last week, a person familiar with the matter said. They accounted for 10% of
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Covid-19 has infected more than 5.4 million people worldwide and killed at least 345,059.
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Taiwan promises 'support' for Hong Kong's people as China tightens grip The GuardianChina will likely face U.S. sanctions over Hong Kong national security law, White House says CNBCHong Kong protest over proposed national security law met with tear gas CNNThis is the final nail in the coffin for Hong Kong's autonomy The Washington Post
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 U.S. stock index futures made slight gains late Sunday amid rising tensions between the U.S. and China. As of 11:30 p.m. Eastern, Dow Jones Industrial Average futures , were up 70 points, or 0.3%, while S&P 500 futures and Nasdaq-100 futures tracked similarly. U.S. equity markets are closed Monday for the Memorial Day holiday. Stocks were little changed on Friday but for the week, the Dow climbed 3.3%, the S&P 500 advanced 3.2% and the Nasdaq Composite rose 3.4%. Traders are keeping an eye on how the U.S. and other global economies are faring as businesses gradually reopen from coronavirus-related shutdowns. But new tensions between the U.S. and China have risen, with a top White House aide saying Sunday that the U.S. may sanction China if a bill limiting Hong Kong's autonomy is approved.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Legislation has raised concerns among investors over city's future as financial hub
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 (Bloomberg) -- Oil was anchored near $33 a barrel as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand.China warned on Sunday that some in the U.S. were pushing the countries toward a new Cold War, stoking concerns that deteriorating relations between Beijing and Washington could complicate the market's recovery from a historic demand crash. Futures edged higher in New York after falling earlier, with trading volumes thin due to holidays in the U.S., U.K. and Singapore.However, there are signs the oil market is positioning itself for a recovery. U.S. shale drillers have cut the number of active rigs to the lowest since 2009, trimming output further. This comes as OPEC slashes output by almost 10 million barrels a day in an effort to reduce a glut.Oil has surged about 75% this month as pockets of demand return in China and India after the easing of lockdown restrictions, and as U.S. crude inventories start to decline. But, the recovery is expected to be long and uncertain, with the risk of a second wave of infections possibly complicating a rebound."The heightening of tensions between the U.S. and China will continue to sully the landscape," said Stephen Innes, chief market strategist at AxiCorp Ltd. However, the overall impact may be limited if there's no "combative retaliation" from Beijing, he said.The U.S. should give up its "wishful thinking" of changing China, Foreign Minister Wang Yi said during his annual news briefing on the sid
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Great Clips customer who was possibly exposed to COVID-19 speaks out KY3A second hairstylist who worked while symptomatic potentially exposed 56 clients to Covid-19, officials say CNNMissouri hairstylist went to work with coronavirus symptoms, exposed 91 clients, co-workers: officials fox26houston.comA second Great Clips hairstylist in Springfield, Mo., tests positive for COVID-19 STLtoday.com
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 A gauge of Asian stocks pared early gains on Monday amid souring relations between China and the United States, with Hong Kong shares extending losses on mounting fears about future stability in the city.
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Coca-Cola, PepsiCo and Pfizer among groups reducing reliance on short-term funding
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Asian shares tick up, eyes on China-U.S. trade relations Investing.comView Full Coverage on Google News
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Trump bans travel from Brazil to US over exploding coronavirus cases New York Post White House bars entry of non-US citizens traveling from Brazil, citing coronavirus concerns Fox NewsWhite House Announces Travel Ban For Brazil, New Coronavirus Hot Spot | NBC News NBC NewsWhite House imposes coronavirus travel ban on Brazil AOLLive updates: Trump halts U.S. entry for foreigners
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Want to buy a used car? Rental car companies are offering up some good deals CNNHertz Files For Bankruptcy After 16,000 Employees Were Let Go And CEO Made Over $9 Million ForbesHertz files for bankruptcy amid pandemic CBS Evening NewsBeleaguered Hertz Sinks 36% In After-Market On Bankruptcy Protection Filing Yahoo Finance
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'Aggressive' Rats May Increase During Pandemic, C.D.C. Says The New York TimesWith restaurants closed, rat sightings are increasing across the United States CNNDesperate rats are brazenly searching for food during the coronavirus pandemic, CDC warns USA TODAYCDC warns of 'aggressive rodent behavior' as lockdown orders lift New York Post
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Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a plan for new stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic.
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Six are wounded during a Daytona Beach shooting as the US sees wild Memorial Day celebrations Daily MailDaytona Beach crowds: 5/23/20 Volusia Sheriff's OfficeDaytona beachside shooting wounds at least 5 people USA TODAYDaytona Beach shooting leaves six wounded Orlando Sentinel
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Japan is looking to lift a state of emergency for Tokyo and remaining areas still facing restrictions while also considering fresh stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic, Nikkei reported on Monday.
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 (Bloomberg) -- Asian stocks began the week in mixed fashion as traders weighed more signs of economies reopening around the world against the rise in U.S.-China tensions.Hong Kong shares extended Friday's slide, following police clashes with protesters marching against China's move to crack down on dissent. Stocks climbed in Tokyo and Sydney, and fluctuated in Seoul and Shanghai. S&P 500 futures nudged higher, building on a rally from late in the Friday session. Oil dipped. Trading volumes may be light with holidays in the U.S., U.K. and Singapore. China set its daily yuan reference rate at the weakest level since 2008 after the increasing tensions drove the currency to a seven-month low.On the virus front, Japan's government is expected to lift the state of emergency in Tokyo and its surrounding regions later Monday, while more Australian children returned to schools and a hard-hit region in northern Italy reported zero fatalities for the first time. Still, the U.S. is considering restricting travel from Brazil, which now has the second-highest number of cases.Fresh turmoil in Hong Kong that spilled over into street protests this weekend is threatening to damage an already souring Sino-U.S. relationship. The U.S. should give up its "wishful thinking" of changing China, Chinese Foreign Minister Wang Yi said, warning that American leaders are potentially pushing toward a new Cold War. Bullish sentiment is prevailing for now and global equities remain about 30% higher than the March lows, spurre
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Social media video shows Lake of the Ozarks packed for Memorial Day weekend amid coronavirus pandemic CBS NewsPool party at Lake of the Ozarks in Missouri draws a packed crowd CNNLive updates: Holiday weekend prompts shedding of inhibitions as coronavirus deaths near 100,000 The Washington PostAs The Summer Begins, A Shocking Missouri Video Shows How Not To Party In A Pandemic
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Overwhelming majority of publicly traded firms have not returned small-business loans: review | TheHill The HillMost publicly listed companies keep US small-business aid loans One America News NetworkView Full Coverage on Google News
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U.S. stock index futures gave up early-session gains late Sunday amid rising tensions between the U.S. and China. As of 9:45 p.m. Eastern, Dow Jones Industrial Average futures , which had been up more than 100 points, were up just 14 points, or 0.1%, while S&P 500 futures and Nasdaq-100 futures tracked similarly. U.S. equity markets are closed Monday for the Memorial Day holiday. Stocks were little changed on Friday but for the week, the Dow [sL djia] climbed 3.3%, the S&P 500 advanced 3.2% and the Nasdaq Composite rose 3.4%. Traders are keeping an eye on how the U.S. and other global economies are faring as businesses gradually reopen from coronavirus-related shutdowns. But new tensions between the U.S. and China have risen, with a top White House aide saying Sunday that the U.S. may sanction China if a bill limiting Hong Kong's autonomy is approved.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Our Habits Have Changed. These Gadgets Are Proof. The Wall Street Journal
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4 Investing Themes for the 2020s The Motley Fool
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Solid balance sheets, operations in critical industries, and rising dividends. What's not to love?
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Republican groups sue California over expanded mail-in voting NBCNews.comGOP groups sue California Gov. Newsom, claim vote-by-mail order is 'brazen power grab' Fox NewsWalters: California unwittingly experimenting with a parliamentary system The Mercury News
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Most investors dismiss optimistic forecast and share the cautious approach of Fed chair
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SpaceX readies for astronaut capsule recovery backup plan as rocket drone ship deploys to landing zone TeslaratiHere's what SpaceX's 1st spaceship to carry astronauts looks like from space (satellite photos) Space.comSpaceX mission will put NASA back in business Orlando SentinelAstronauts strap into SpaceX capsule before launch day Yahoo News
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Republican National Committee sues California to halt vote-by-mail for November general election CNNGOP groups sue California Gov. Newsom, claim vote-by-mail order is 'brazen power grab' Fox NewsGOP sues California over Newsom's vote-by-mail order | TheHill The HillNational Republicans sue California to block mail-ballot November election POLITICO
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 Canadian Prime Minister Justin Trudeau
has spoken to the heads of the country's six big banks to get
their views on the state of the economy and the COVID-19 relief
efforts, the Globe and Mail reported on Sunday, citing multiple
sources.
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Japan is considering a fresh stimulus package worth over $929 billion that will consist mostly of financial aid programmes for companies hit by the coronavirus pandemic, the Nikkei newspaper said on Monday.
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China will likely face U.S. sanctions over Hong Kong national security law, White House says CNBCHong Kong protest over proposed national security law met with tear gas CNNChina proposes new security law in Hong Kong CBS NewsThis is the final nail in the coffin for Hong Kong's autonomy The Washington Post
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Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday.
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Why those sometimes annoying launch, landing weather rules exist NASASpaceflight.comTrump to attend Demo-2 launch, but fewer other guests SpaceNewsWhat The New NASA Launch Could Mean For Jacobs and Other Contractors Engineering News-RecordHow to Virtually Participate in 'Launch America' on This Week @NASA - May 22, 2020 NASAView Full Coverage on Google News
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A shake-up of Aston Martin's management team will lead to the departure of CEO Andy Palmer, the Financial Times reported.
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Its lack of vaccine-development success stories makes its prospects for a COVID-19 vaccine dubious, but there are positive signs for investors.
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Non-professionals have increased oil market volatility, and suffered from it too
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Don't make an already difficult situation worse on yourself.
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Unemployment Claims Continue to Rise in U.S.
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.S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened the viability of stores across the country and further weighed down a sinking economy.The Commerce Department's report Friday on retail purchases showed a sector that has collapsed so quickly that sales over the past 12 months are down a crippling 21.6%. The severity of the decline is unrivaled for retail figures that date back to 1992. The monthly decline in April nearly doubled the previous record drop of 8.3% — set just one month earlier.The sharpest declines from March to April were at clothing, electronics and furniture stores. A long-standing migration of consumers toward online purchases is accelerating, with that segment posting a 8.4% monthly gain. Measured year over year, online sales surged 21.6%.Other than online, not a single retail category was spared in April. Auto dealers suffered a monthly drop of 13%. Furniture stores absorbed a 59% plunge. Electronics and appliance stores were down over 60%. Retailers that sell building materials posted a drop of roughly 3%. After panic buying in March, grocery sales fell 13%.Clothing-store sales tumbled 79%, department stores 29%. Restaurants, some of which are already starting to close permanently, endured a nearly 30% decline despite shifting aggressively to takeout and delivery orders.For a retail sector that had already been reeling, a back-to-back free-fall in spending poses a grave risk. Department stores like Neiman Marcus and J.Crew have filed for bankruptcy protection. Hotels, restaurants and auto dealerships are in danger. Nearly $1 of every $5 spent at retailers last month went to non-store retailers.An April analysis by a group of academic economists found that a one-month closure could wipe out 31% of non-grocer retailers. A four-month closure could force 65% to close.The plunge in retail spending is a key reason why the U.S. economy is contracting. Purchases a
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