U.S. Stocks Rise, Led by Technology
The technology-heavy Nasdaq Composite led major indexes higher, setting up stocks to continue a healthy start to June.
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Job openings rise during trade wars, but businesses are slow to hire
Job openings in the U.S. rose in April even after President Donald Trump jacked up tariffs on the rest of the world, but companies were slow to fill new positions amid the worst trade wars since the 1930s.
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Fed's Bostic Sees 1 Rate Cut in 2025. Tariffs Could Derail That.
"There is a great deal of uncertainty out there, making it quite difficult to forecast with confidence," the Atlanta Fed president wrote in a letter published Tuesday.
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Tariffs Risk Slower U.S. Growth, Higher Inflation, OECD Warns
The research group expects the Fed to remain on hold this year, as the economy is hamstrung by uncertainty over whipsawing U.S. trade policy, according to the OECD.
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Wall Street Is Sounding the Alarm on U.S. Debt. This Time, It's Worth Listening.
"You are going to see a crack in the bond market," warns Jamie Dimon. He has plenty of company.
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Eurozone Inflation Falls Below Target
Consumer prices were 1.9% higher on year in May, down from 2.2% in April, as the ECB moves closer to securing victory over inflation.
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Russia and Ukraine Ratchet Up War While Trying to Show Trump They Want Peace
After Ukraine's drone strikes on Russian air bases, the two sides talked for about an hour in Istanbul, and a halt to the fighting seems out of reach for now.
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China's Manufacturing Activity Tumbles Into Contraction as Orders Drop
A private gauge of China's manufacturing activity tumbled into contraction in May, as tariffs continue to weigh despite a trade truce with the U.S.
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BOE to Keep Cutting Rates But How Far, Fast Is Unclear, Bailey Says
Turmoil in the world economy in the wake of whipsawing U.S. trade policy is the main source of uncertainty, the Bank of England governor said.
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Switzerland Records Deflation for First Time in Four Years
Consumer prices were in deflationary territory in May, a milestone that raises the prospect of the Swiss National Bank cutting interest rates further later this month.
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China's New Trade Negotiator Is Ready to Play Hardball
He Lifeng, Beijing's economic gatekeeper, has a clear mandate from Xi Jinping: China won't be catering to the U.S.
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BOJ's Ueda Says Rate Hikes Will Only Come When Economy Is Ready
Kazuo Ueda said Japan's central bank would make policy judgments without any preconceptions.
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Hot Core Inflation Expected to Keep Bank of Canada on Sidelines
Job-market troubles, weak domestic demand to take back seat in Wednesday's interest rate decision, economists predict.
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Why Trump's Nuclear Plans Have So Far Failed to Boost Uranium Prices
Plans for a U.S. nuclear-power revival have excited uranium investors, stoking demand for shares in companies that produce the fuel.
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RBA Board Seriously Weighed Option of Bigger Rate Cut in May
Events in the global economy are clearly weighing on the Reserve Bank of Australia, and money markets expect further cuts.
(END) Dow Jones Newswires
June 03, 2025 15:00 ET (19:00 GMT)
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