News Highlights: Top Global Markets News of the Day - Thursday at 5 AM ET

Dow Jones
2025/03/13
 
Consumer Angst Is Striking All Income Levels 
 

Signs of weakness are showing up in spending on everything from basics to luxuries.

 
The Trump Effect Heads Abroad. European CEOs Are Getting Ousted. 
 

European stocks have trailed U.S. peers for years. That's changing now, and the pressure is on CEOs.

 
U.S. Federal Deficit Exceeds $1 Trillion Over 5 Months 
 

Data disclosed by the Treasury Department showed an adjusted gap between federal spending and revenue of $1.063 trillion for October through February.

 
Trump set to nominate Michelle Bowman as Fed's top bank supervisor 
 

President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank's top bank supervisor, a White House official confirmed to MarketWatch.

 
The Stock Market Is Finally Rallying. It May Be a Head Fake. 
 

A tame inflation report is welcome news, but markets remain worried about President Donald Trump's tariffs and trade war.

 
Bond rally fizzles despite cool CPI inflation reading. What that says about investors. 
 

A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.

 
Inflation Cooled to 2.8% in February, Lower Than Expected 
 

Inflation eased last month, but the data may offer less comfort to businesses, consumers and the Fed than it otherwise would as looming tariffs may keep prices rising.

 
Bank of Canada Cuts Policy Rate to 2.75% as Economy Faces 'New Crisis' 
 

The central bank must balance the risk of tariff-fueled higher inflation and the damage to growth from U.S. trade policy, Gov. Tiff Macklem says.

 
Europe, Canada Hit Back at U.S. Steel Tariffs 
 

The EU is targeting a range of American goods, including whiskey and motorcycles, with 50% tariffs, taking aim at politically sensitive products.

 
WTO's Trade Barometer Picks Up, Pointing to Resilient Flows 
 

The World Trade Organization's trade barometer rose, but it warned increased purchases by those seeking to get ahead of threatened tariffs might exaggerate the health of the global trading system.

 
 

(END) Dow Jones Newswires

March 13, 2025 05:00 ET (09:00 GMT)

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