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Concerns about a second wave of coronavirus cases have risen as U.S. states push deeper into reopening. Texas has reported three consecutive days of record-breaking Covid-19 hospitalizations. Nine California counties are reporting a spike in new coronavirus cases or hospitalizations of confirmed cases, AP reported Wednesday.

https://www.cnbc.com/2020/06/10/stock-market-futures-open-to-close-news.html

On Wednesday, investors assessed the Federal Reserve’s updates on the economy and monetary policy. The policymakers voted unanimously to keep interest rates unchanged and indicated no rate increases through 2022.


“The Fed understands we are just in the beginning phases of the economic recovery and making rash changes to policy or forward guidance is premature at this time,” Charlie Ripley, senior investment strategist for Allianz Investment Management, said in an email.

The Fed also said it will at least maintain the current pace of bond purchases for the coming months. Additionally, it expects the U.S. economy to contract by 6.5% in 2020 before expanding by 5% in 2021.

Investors are awaiting the new jobless claim data for the week ending June 6, which is set to come out at 8:30 a.m. ET on Thursday. Economists polled by Dow Jones expect filings for unemployment insurance claims to total 1.595 million last week, which is down from 1.775 million in the week before.


https://www.cnn.com/2020/06/10/politics/donald-trump-gallup-approval/index.html

Trump's job approval in the new Gallup data is at 39%, which is bad but not the big story. That big story is the fact that Trump's new numbers represent a double-digit tumble from a Gallup poll just two weeks ago in which his approval stood at 49%.

But Gallup's numbers are far from an outlier. The latest CNN poll, released earlier this week, put Trump's approval at 38% -- down from 45% in May. An NPR/PBS/Marist poll put Trump's job approval at 42%. (Those national numbers are reflected in swing state polling too. Recent polls in Ohio, Arizona, Texas and Michigan, among others, show significant problems for Trump in a head-to-head matchup with presumptive Democratic nominee Joe Biden.)


https://www.cnn.com/2020/06/10/politics/trump-campaign-cnn-poll/index.html

President Donald Trump's reelection campaign sent a cease-and-desist letter to CNN demanding a retraction and apology for a recent poll that showed him behind presumptive Democratic presidential nominee Joe Biden.

The demand contained numerous incorrect and misleading claims and was immediately rejected by the network.
"To my knowledge, this is the first time in its 40-year history that CNN had been threatened with legal action because an American politician or campaign did not like CNN's polling results," David Vigilante, CNN's executive vice president and general counsel, wrote in a letter to the Trump campaign.

https://www.cnn.com/2020/06/10/politics/georgia-voting-issues-black-voters/index.html

Black voters in Georgia say the state's primary meltdown was no accident

Tuesday's meltdown of the voting system in Georgia -- a potential presidential battleground in November -- has sparked widespread concerns about voter disenfranchisement and charges by activists that Republican state officials engaged in efforts to suppress the vote in predominantly African American communities.

The troubles in Georgia were most harshly felt in heavily African American counties in and around Atlanta, where some defective machines set off scrambles for provisional ballots, which were in short supply. There were also widespread cases of voters across the state reporting that their absentee ballots showed up late -- or not at all -- for a primary election twice-delayed by the coronavirus pandemic.