U.S. Stock Futures Lower; Global Markets Mixed
U.S. stock futures were lower after declines on Monday, as fresh optimism on trade deals from Treasury Secretary Scott Bessent was weighed against Trump's calls for 100% tariffs on movies made overseas.
Fed Confronts Lose-Lose Scenario Amid Haphazard Tariff Rollout
The central bank is preparing for difficult judgments and emerging divisions regarding when to cut interest rates. Its two-day policy meeting is this week.
U.S. Could Collect More Than $100 Billion With Broader Tariffs, EU Trade Official Says
American officials are looking into potential tariffs for several sectors, citing national security, including on imports of copper and lumber as well as pharmaceuticals.
A New Tech Fund Backed by Jeff Bezos Courts Individual Investors
Coatue's fund is being anchored by $1 billion from family offices of Amazon founder and Michael Dell.
These Economists Decide Whether the U.S. Had a Recession. There's No Sign Yet.
The National Bureau of Business Research makes the final call, and it usually happens long after the downturn has passed.
China Services Sector Gauge Slips to Seven-Month Low Amid Trade Spat
A private gauge of China's services sector signaled that activity slowed in April, as rising trade tension hurt new orders and market sentiment.
French Industry Produced More Ahead of Tariffs
The industrial sector continued to book rising output, capping a positive start to a year that could nevertheless darken if U.S. trade tariffs bite into demand.
Canada New PM Carney Heads to D.C. Trump Keeps Piling Up Tariffs.
Canada's Mark Carney and President Donald Trump are expected to discuss trade, economic issues, and national security.
Corporate Bonds Have Lost Their Magic. It Speaks Volumes About the Economy.
Investors are still demanding higher yields to hold corporate debt.
HKMA Sells Hong Kong Dollars as Currency Approaches Peg to Greenback
The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month.
(END) Dow Jones Newswires
May 06, 2025 07:00 ET (11:00 GMT)
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