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June 1, 2020, 9:00 a.m. EDT

Here’s why the ‘unloved but welcome’ U.S. stock market rally from March lows won’t last, Goldman says

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By MarketWatch

MARKETWATCH FRONT PAGE

Brief hopes that U.S.-China trade tensions may subside appear to have been dashed. See full story.

Apple’s Tim Cook: Now is not the time for ‘standing on the sidelines’

Cook addressed his employees in an internal memo about inequality and discrimination as protests over the killing of George Floyd continue to erupt across the country See full story.

PMIs in Europe show businesses doing worse open than closed — if taken literally

How can a company be doing worse open than when it is closed? That’s the puzzle presented on Monday by the latest round of purchasing managers index readings across the globe, showing still depressed conditions. See full story.

Asian markets rise on ‘sigh of relief’ over Trump’s response to China

Asian markets gained in early trading Monday as President Donald Trump’s response Friday to China’s new law reining in Hong Kong was not as bad as feared. See full story.

Elon Musk vs. Bay Area officials: These emails show what happened behind the scenes in the Tesla factory fight

Emails detail what took place as Musk took public his fight with Bay Area officials and threatened first to reopen the factory without permission and then to move California’s only large auto manufacturer out of the state entirely. See full story.

MARKETWATCH PERSONAL FINANCE

No matter what the economy is doing, many college grads are going to need a car. See full story.

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