Dow Jones Top Markets Headlines at 7 PM ET: Uncertainty Interrupts Stock-Market's New-Year Rally | Trump ...

Dow Jones
Jan 08

Uncertainty Interrupts Stock-Market's New-Year Rally

Early gains eroded as new economic data and a housing proclamation from Trump shook investor sentiment.

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Trump Moves to Ban Big Investors From Buying Single-Family Homes

It isn't clear whether congressional approval would be needed to institute such a ban.

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Trump Orders Crackdown on Defense Industry Stock Buybacks

In an executive order, the president will seek to cap defense bosses' pay and demand that contractors invest in production capacity.

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BEA Outlines Plans for More Catch Up on Inflation, GDP Data

A report covering October and November personal income, consumer spending and PCE inflation data will be published on Jan. 22. An initial estimate of GDP over the final three months of 2025 will follow on Feb. 20.

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Factory Orders Fell in October

Orders from U.S. factories declined 1.3% in October to $604.8 billion, from $612.9 billion in September. Economists polled by The Wall Street Journal were expecting a 1.2% decrease.

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Private-Sector Hiring Turned Positive in December After November Losses

Businesses added a net 41,000 new employees last month, according to human-resources firm ADP.

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JOLTS Report Hints at Cooling Labor Market

Job openings and hiring declined in November, according to the Labor Department's monthly job openings and labor turnover survey.

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Gold and Silver Fall. Watch This Next Catalyst.

Geopolitics takes a back seat for now ahead of key economic data releases.

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U.S. Crude Oil Stockpiles Fall More Than Expected

U.S. crude oil inventories fell by 3.8 million barrels to 419.1 million barrels in the week ended Jan. 2 and were about 3% below the five-year average for the time of year, the EIA said.

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Push for New Canadian Oil Pipeline Gets Boost From U.S. Action in Venezuela

The Trump administration's ambition of revitalizing Venezuela's oil industry has renewed calls for Canada to quickly approve a pipeline that would boost the country's crude exports and lessen its reliance on trade with the U.S.

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Canada's Carney to Visit China Next Week With Focus on Trade

It's Prime Minister Mark Carney's latest step to normalize ties with the world's second-largest economy and reduce Canada's reliance on the U.S. for trade.

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Eurozone Inflation Falls to ECB Target

The annual rate of inflation in the eurozone fell to the European Central Bank's target of 2% in December.

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German Unemployment Holds Steady as Economic Momentum Withers

The unemployment rate remained at 6.3% in December, though actual jobless numbers inched higher.

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U.S. to Control Venezuelan Oil Sales Indefinitely

Trump has directed Energy Secretary Chris Wright to carry out his plan for the oil to be taken by storage ships and transported to the U.S.

 

(END) Dow Jones Newswires

January 07, 2026 19:00 ET (00:00 GMT)

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