U.S. Jobless Claims Rose Last Week
U.S. jobless claims rose to 225,000 last week, but the level was still within a range consistent with a healthy labor market.
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U.S. Stocks Mixed as Weakness in Tech Sector Hits Nasdaq
While the Nasdaq composite looked on pace to fall for a second day, the Dow jumped more than 500 points, led by rises in health and pharmaceutical stocks.
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Oil Prices Fall as Trump Sets Red Lines for Iran Cease-Fire
Brent crude and WTI prices were edging down Thursday amid renewed confidence in the U.S.-Iran ceasefire.
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Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund
The fund capped client redemptions at 5%, an about-face from Blackstone's decision to pay out all requests earlier this year.
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Challenger, Gray Says Tech Leads U.S. Layoff Plans
U.S.-based employers announced 97,006 job cuts in May with technology remaining the leading sector for staff reductions.
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Commodities Trader Trafigura Warns of Tipping Point in Energy Markets
Trafigura said the Middle East conflict has thrown global commodity markets into turmoil, warning that markets are at an "inflection point" that could see prices move higher as supply tightens further.
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Irish Economy Likely to Pull Eurozone Into Contraction
GDP was 12.1% smaller in the three months through March than it was in the previous quarter, according to Ireland's Central Statistics Office.
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Eurozone Retail Sales Fell in April
Eurozone retail sales fell more than expected in April as rising energy prices continued to erode consumer spending power.
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Swiss Inflation Holds Steady Ahead of SNB Meeting
Swiss inflation was unchanged in May, reinforcing the view that the Swiss National Bank is unlikely to raise interest rates later this month.
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Another redemption wave is spooking the $2 trillion private-credit market
Private-credit woes are back in focus after a pair of l funds limited redemptions in the second quarter
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Iran Ratchets Up Pressure on Trump With Kuwait Airport Attack
The third strike on the tiny Gulf state in about a week escalated the standoff in the Strait of Hormuz to more sensitive targets.
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The Hormuz Squeeze Is Redrawing the Oil Map for Good
Saudi Arabia, the U.A.E. and Iraq are pouring money into pipelines, rail and storage to keep oil flowing even when the Strait of Hormuz isn't.
(END) Dow Jones Newswires
June 04, 2026 11:00 ET (15:00 GMT)
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