U.S. Stocks Mixed as Markets Await Fed Decision 
 

U.S. stocks were mixed. Trade policy is still looming large as markets also await the Federal Reserve's interest-rate decision, due Wednesday.

 
Services sector, the main engine of the U.S. economy, strengthened in April 
 

Manufacturing has dominated the news because of tariffs, but uncertainty has spread over into the services sector.

 
Oil Prices Drop to 4-Year Low. Big Mergers Like a Shell, BP Combo Could Appeal. 
 

Increased supply from OPEC and the economic uncertainty of trade wars weighing on demand could be a brutal combination for energy prices.

 
Beijing's 'Made in China' Plan Is Narrowing Tech Gap, Study Finds 
 

The Xi Jinping strategy, which the U.S. criticized, unleashed enormous state support to boost competitiveness with the West.

 
Trump Downplays Economic Concerns as He Looks to Cut Trade Deals 
 

The president and his advisers are feeling somewhat more confident about the economy.

 
Taiwan Central Bank Says U.S. Didn't Make Forex Demands, Urges Calm as Currency Surges 
 

Taiwan's central bank has denied speculation that the U.S. asked the island to lift the value of the Taiwan dollar, convening an emergency meeting to urge calm after the currency resumed a blistering rally on Monday.

 
How Bad Is China's Economy? The Data Needed to Answer Is Vanishing 
 

Beijing has stopped publishing hundreds of statistics related to real estate, finance, unemployment and even soy sauce production, making it harder to know what's going on in the country.

 
Switzerland Nears Deflation as SNB Mulls Rate Cuts 
 

The drop in consumer prices tees up the possibility that the country's central bank could turn to negative interest rates in the coming year.

 
BOE Set For Fourth Rate Cut And Opening Way to Faster Moves 
 

The Bank of England is expected to cut its key interest rate on Thursday, likely joining a number of central banks responding to the prospect of weaker growth by cutting borrowing costs.

 
What Recession? Stock Investors Expect the Good Times to Continue 
 

The S&P 500 is now down just 3.3% for the year, reflecting hopes for tariff rollbacks.

(END) Dow Jones Newswires

May 05, 2025 13:00 ET (17:00 GMT)

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