Daily Archive: September 4, 2020

Jittery investors eye today’s big jobs report as markets rebound from an epic sell-off

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Happy Friday, everyone. Well, it’s not such a happy day for those of you had to unwind your Tesla or Apple call options over the past 24 hours. Today, some calm has returned to the markets ahead of the big payrolls report, with U.S. futures and European stocks rebounding.

Let’s check in on the action.

Markets update

Asia

  • The major indexes are in the red with Hong Kong’s Hang Seng leading the way, down 1.3%.
  • Chinese tech stocks were falling this morning following news that President Trump is looking to ban even more Chinese apps. That’s as a potential sale of the TikTok U.S. arm remains in limbo.
  • Malaysia on Friday dropped its criminal case against Goldman Sachs and 17 current and
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Brazil uses less than a third of available coronavirus tests, newspaper says By Reuters

© Reuters. Outbreak of the coronavirus disease (COVID-19) in Rio de Janeiro

SAO PAULO (Reuters) – Seven months after Brazil declared a state of emergency because of the new coronavirus pandemic, the country’s Health Ministry has distributed less than a third of the 22.9 million available RT-PCR test kits, O Estado de S.Paulo newspaper reported on Friday.

The reason is a lack of supplies used to apply the tests, including swabs, the report said citing internal documents obtained by the newspaper.

The Health Ministry did not immediately comment on the report.

By Thursday, some 6.43 million of the so-called Real-time Polymerase Chain Reaction assays for the detection of SARS-CoV-2 had been sent to states and municipalities by the federal government, which is equivalent to 28% of the total, according documents obtained by the newspaper.

Brazil, which has the world’s second worst outbreak after the United States, has registered more than

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