NewsWatch: Stocks trade mixed after another grim weekly jobless claims report, as coronavirus cases grow

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U.S. stocks were trading mixed to moderately higher on Thursday as investors digested a weekly report on the labor market in the U.S. and contend with signs of rising cases and hospitalizations of COVID-19 in several American states. See full story.

Trump asked China’s Xi to buy U.S. farm products to help him win re-election, Bolton book says

President Donald Trump asked Chinese President Xi Jinping to buy U.S. farm products in order to help him win agricultural states in the November election, according to a new book by former national security adviser John Bolton. See full story.

Jobless claims dip to 1.51 million in mid-June, but layoffs remain stubbornly high

About 1.5 million people applied for traditional jobless benefits in mid-June, but the high number of people still seeking or receiving financial aid suggests a fresh wave of layoffs may be crashing over the economy and stunting an embryonic recovery. See full story.

How Brazil’s uncoordinated approach to COVID-19 gave the country the second-highest death toll in the world

Latin America’s biggest economy remains far-off flattening its infection curve, with experts projecting that the country could see 165,000 deaths by August. See full story.

Fund manager who spotted the stay-at-home trend two years ago has his eye on these stocks now

Our call of the day comes from a fund manager who didn’t see the current pandemic coming, though his portfolio shows he was a couple of years ahead of the game. Here’s what he’s banking on, going forward. See full story.

MARKETWATCH PERSONAL FINANCE

Plus, questions advisers should ask about you before you fork over a dime. See full story.

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