Stocks Look for Direction After Wednesday's Records
Stocks opened modestly higher only to quickly swing to small losses. Investors are growing increasingly confident that the U.S. and Iran will eventually reach a peace deal,
----
Fed's Williams: Middle East Conflict Has Added to Economic Risks
New York Fed President John Williams said Thursday that the Fed's current interest-rate setting is calibrated well for an economy that is facing additional risks from the conflict in the Middle East.
----
Eurozone Inflation for March Revised Higher on Sharper Energy Prices
Consumer prices were up 2.6% on year last month, the highest level since July 2024, as the energy shock from the Iran war proved more pronounced than expected.
----
U.S. Industrial Production Fell in March
U.S. industrial production fell by 0.5% last month, while analysts polled by The Wall Street Journal expected the reading to remain unchanged.
----
The Decades-Old Legal Question at the Heart of the Fed Chair Showdown
The law doesn't clearly say what happens when the chair's term expires without a confirmed successor. The White House and the Fed have very different answers.
----
Unemployment Claims Declined Last Week
New jobless claims were down from a week ago, a sign that layoffs have remained limited even in a labor market that has cooled.
----
Outlook for Canada Existing-Home Sales Deteriorates on War-Fueled Jump in Rates
The Canadian Real Estate Association sharply downgraded its sales forecast for the remainder of 2026, with mortgage rates headed higher as bond traders anticipate an acceleration in inflation from the war in Iran.
----
Europe's Central Bankers Are in Washington, and Signaling Patience
They don't appear ready to raise borrowing costs just yet, even with inflation set to pick up across the continent.
----
Europe Has Around Six Weeks of Jet Fuel Left as Iran War Strains Supply, IEA's Birol Says
Europe could soon face flight cancellations as the war in Iran disrupts the Middle East, the source of around one fifth of the world's jet fuel.
----
China's Economy Starts Year on Strong Footing, but Iran Risks Loom
Beijing reported first-quarter GDP growth of 5%, driven by robust exports, but shock waves from the Iran war threaten its momentum.
----
Iran's War-Shattered Economy Means It Has an Urgent Reason to Negotiate
The damage done by U.S. and Israeli attacks will take years to repair, putting pressure on Tehran to seek financial relief in talks.
----
Wall Street Is Spending Its Big Windfall on Wall Street
Banks are investing excess capital in expanding their Wall Street businesses.
----
U.K. Economy Posted Faster-Than-Expected Growth Ahead of Energy-Price Shock
The surprise reading for February came before the jump in energy prices that followed the U.S. and Israeli attacks on Iran.
----
War, AI Fears Haven't Shaken Corporate Bonds. Thank the U.S. Deficit.
High-quality corporate bond spreads are averaging their lowest levels since the late 1990s.
(END) Dow Jones Newswires
April 16, 2026 11:00 ET (15:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.