Dow Jones Top Markets Headlines at 3 PM ET: U.S., Vietnam Come to Agreement on Tariffs | ADP ...

Dow Jones
2025/07/03

U.S., Vietnam Come to Agreement on Tariffs

President Trump said American goods would enter Vietnam duty-free in exchange for lower tariffs.

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ADP says the economy lost jobs for first time since 2023. Jobs market a trade war casualty?

Privately run businesses reduced jobs in June for the first time in more than two years, ADP said, as ongoing U.S. trade wars created a "hesitancy to hire and a reluctance to replace departing workers."

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Britain's Welfare Reversal Hammers U.K. Bonds as Chancellor Tears Up

Investors fret more taxes or borrowing are likely after the U.K. government abandoned a plan to cut welfare spending.

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U.S. Stocks Wobble After Weak ADP Jobs Data

Stocks were mixed after data from ADP showed an unexpected drop in U.S. private-sector jobs.

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House Republicans Threaten to Sink Trump's Megabill

The tax-and-spending legislation is moving back to the lower chamber for another vote.

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U.S. Crude Oil Stockpiles Post Surprise Build as Exports Fall

U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.

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Trump's Plan to Revive U.S. Shipping Stumbles

White House moves prompt staff cuts at a new shipbuilding office and warnings of setbacks at shipyards and the Merchant Marine.

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Eurozone's Jobless Rate Creeps Higher as Business Uncertainty Abounds

Unemployment rose to 6.3% in May, a sign of jitters among European firms amid uncertainty over tariffs and geopolitical tensions.

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Bond-Sale Target Could Be Changed, BOE's Taylor Says

The U.K. economy might not now experience a "soft landing" from inflation, the Monetary Policy Committee member said as he called for further cuts in the key interest rate.

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RBA Could Sit It Out in July to Await Greater Clarity on CPI Outlook

The Reserve Bank of Australia could remain sidelined next week and choose to wait for second-quarter inflation data and new economic forecasts, rather than cut the official cash rate a third time this year.

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Trump Said Trade Deals Would Come Easy. Japan Is Proving Him Wrong.

Difficult talks with many nations cast doubt on next week's deadline. "We can do whatever we want," Trump said.

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Gulf Between U.S. and Europe's Climate Targets Just Got Wider

The EU is pushing ahead with an ambitious new target for cutting greenhouse gas emissions, signaling a growing divide between the U.S. and the rest of the industrialized world.

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'Jurassic World Rebirth' Opens Today. It Could Kick Off Big Summer for Movies.

Many of the potential blockbusters are from popular franchises with recognizable characters.

 

(END) Dow Jones Newswires

July 02, 2025 15:00 ET (19:00 GMT)

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